Core Viewpoint - Xing Sheng Commercial (06668) has entered into a discretionary investment management agreement with a manager to provide comprehensive investment management services, aiming to enhance capital returns and support core business operations [1] Group 1: Investment Agreement Details - The total investment amount is expected to be no more than HKD 200 million, utilizing the company's available cash reserves [1] - The manager is authorized to manage the investment portfolio on behalf of the company, with the investment objective focused on capital appreciation through various means such as money market funds, IPO allocations, block trades, and private investments in public equity (PIPE) [1] - The investment portfolio may concentrate all assets in one or more target company shares [1] Group 2: Financial Strategy and Goals - The company aims to expand offshore funds through investments in different asset classes and has subscribed to various wealth accumulation tools [1] - The discretionary investment management agreement allows the company to effectively utilize temporarily idle cash, potentially increasing overall capital returns and providing funding support for core business [1] - The company can flexibly withdraw any or all investments from the portfolio as needed, which helps in generating potential income from overseas cash surpluses while maintaining liquidity to better support core business development [1]
星盛商业订立全权委托投资管理协议 总投资额预计不多于2亿港元