Group 1 - The core point of the announcement is that Focus Media Network Limited has agreed to sell its entire issued share capital of Focus Media Singapore Pte. Limited to Excellent Investment Services Limited for a cash consideration of HKD 3 million [1] - Focus Media Singapore Pte. Limited is a wholly-owned subsidiary of the seller and primarily provides outdoor advertising services in Singapore [1] Group 2 - The advertising industry is undergoing a structural transformation, shifting from traditional media spending to online and social media platforms [2] - The sale agreement is expected to provide the group with opportunities to achieve a premium above the book value of the target company [2] - The transaction will allow the group to streamline operations and allocate management and financial resources to markets with stronger local expertise [2] - The sale is anticipated to generate immediate cash inflow to enhance the group's overall working capital and meet future business development funding needs [2] - The transaction aligns with the group's business strategy, enabling resilience in business development while retaining financial resources for growth opportunities [2]