Core Viewpoint - The company, 集一控股, has entered into an agreement to sell its entire issued share capital of 集一投资有限公司 to 中意国际控股有限公司 for a nominal price of HKD 10, due to the target company's ongoing financial struggles and operational cessation since January 1, 2025 [1] Group 1: Financial Performance and Operational Status - The target company and its subsidiaries primarily engaged in the retail sale of building materials and have reported minimal profits and continuous losses over several years [1] - The target company ceased operations as of January 1, 2025, reflecting its deteriorating financial condition and limited business prospects [1] Group 2: Strategic Rationale for the Sale - The sale is intended to streamline the group's structure by divesting a poorly performing subsidiary, thereby alleviating the financial burden associated with maintaining a subsidiary with negative net assets [1] - The group anticipates that the sale will generate proceeds and allow management to focus resources on developing the core business, reducing financial support, administrative expenses, and management time related to the underperforming subsidiary [1] Group 3: Board's Perspective - The board of directors, including independent non-executive directors, believes that the terms of the sale are fair and reasonable, aligning with the overall interests of the company and its shareholders [1]
集一控股拟1万港元出售集一投资有限公司的全部股权