Core Viewpoint - The company, China Wantian Holdings, has agreed to sell its entire stake in the target company, Youyu Limited, for HKD 46.5 million, which is part of a strategic move to enhance cash flow and financial stability [1] Group 1: Sale Agreement Details - The sale involves the entire issued shares of Youyu Limited, which indirectly holds all rights to Property A and Property B through subsidiaries A and B [1] - The completion of the sale is conditional upon entering a leaseback agreement for Property A, with a total monthly rent of HKD 120,000 for one year [1] Group 2: Strategic Implications - The sale will enable the company to transition to a lighter asset model, enhancing operational flexibility and agility in responding to market opportunities [2] - The cash generated from the sale will support the company's focus on high-growth areas, particularly in the Greater Bay Area's dining business, aligning with its strategic initiatives outlined in the latest mid-term report [2] - The leaseback arrangement ensures continuity of the company's food supply operations in Hong Kong without incurring relocation costs [2]
中国万天控股(01854)拟4650万港元出售优愉全部已发行股份