Group 1 - The company, Da Sen Holdings, has entered into an agreement to acquire 100% of the issued share capital of Chance Rich International Trading Limited for approximately HKD 9.5 million, with payment to be made through the issuance of shares [1] - Chance Rich International Trading Limited, established in Hong Kong in August 2019, primarily engages in the procurement and sales of plywood products and other construction materials, including various types of boards used in construction and furniture [1] - The acquisition is expected to enable the company to effectively enter overseas markets and expand its plywood business, leveraging Chance Rich's established customer base and management experience in international operations [2] Group 2 - Due to intense competition in the plywood industry, the company's existing plywood sales business has maintained minimal operational scale, but it intends to develop new wood products with higher profit margins [2] - The company plans to modernize its existing production facility in Heze, Shandong Province, to become a production center for new plywood products, with the upgrade expected to be completed by mid-2026 [3] - The retention of Chance Rich's senior management post-acquisition is anticipated to save time and costs associated with upgrading production facilities, thereby enhancing operational efficiency in the plywood business [3]
大森控股(01580)附属拟950万港元收购Chance Rich International Trading 的全部已发行股本