Core Viewpoint - Hongji Capital (02288) has announced a conditional sale agreement to sell its entire stake in Vibrant Colour Holdings Limited, which represents 20% of the issued share capital of the property company, along with shareholder loans owed to the seller, to a buyer jointly owned by Mr. and Mrs. Chen [1] Group 1: Sale Agreement Details - The sale agreement is set to be completed on January 23, 2026, with the purchase price being the sum of the outstanding loan amount of HKD 35.02 million and 20% of the asset value as of the completion date [1] - The estimated total consideration for the sale is approximately HKD 15.07 million, based on the management accounts of the property company as of September 30, 2025, which indicates a negative asset value of approximately HKD 19.95 million [1] Group 2: Strategic Rationale - The board believes that the proposed sale provides a good opportunity for the group to realize cash from the property and allows for a streamlined asset portfolio [1] - This move aligns with the group's strategy to accelerate asset monetization and reallocate resources more effectively to seize other investment opportunities, ultimately aiming to create better returns for the group [1]
宏基资本(02288)拟出售Vibrant Colour Holdings Limited的20%股权