Core Viewpoint - The company, Derin Holdings (01709), has entered into a legally binding term sheet with Youngtimers AG (YTME) for a proposed subscription, which includes the conditional agreement to subscribe for shares at a price of 0.42 Swiss Francs (approximately 4.10 HKD) per share, totaling 10 million USD (approximately 78 million HKD) for 19.0476 million shares [1][2][3] Group 1 - The subscription will involve a combination of cash payment and issuance of shares at the subscription price [1] - YTME will grant the company subscription options to acquire up to 3.8095 million shares at the same price, totaling approximately 2 million USD (approximately 15.6 million HKD) [1] - Upon completion, YTME will hold approximately 0.885% of the company's expanded issued share capital [2] Group 2 - YTME is a Swiss-registered company listed on the Swiss Stock Exchange since May 16, 2000, focusing on private equity, private credit, and other private market strategies [2] - The acquisition of C Capital Group, which specializes in private equity and credit, positions YTME as a global asset management company targeting the Asia-Pacific region [2] - The board believes that the proposed subscription aligns with the group's long-term vision to expand its global asset management footprint and enhance its position in Europe and the Asia-Pacific region [3] Group 3 - The investment will leverage YTME's established platform and expertise to capture high-growth opportunities and diversify the investment portfolio [3] - The company aims to utilize YTME's status as a Swiss financial hub to accelerate service development for high-net-worth clients in Europe [3] - The proposed subscription is expected to strengthen the strategic partnership between the company and YTME, facilitating collaboration in joint investments, product development, and cross-border asset management initiatives [3]

Core Viewpoint - The company, Derlin Holdings (01709), has entered into a binding term sheet with Youngtimers AG (YTME) for a proposed subscription, which is expected to enhance its global asset management footprint and strengthen its position in Europe and the Asia-Pacific region [1][3]. Group 1: Subscription Details - The company conditionally agrees to subscribe for a total of 19.0476 million shares of YTME at a subscription price of 0.42 Swiss Francs (approximately 4.10 HKD) per share, totaling 10 million USD (approximately 78 million HKD) [1]. - Part of the payment will be made in cash, while the remainder will be settled through the issuance of consideration shares at the subscription price upon completion [1]. - YTME will grant the company a subscription option to acquire up to 3.8095 million shares at the same price, totaling approximately 2 million USD (approximately 15.6 million HKD) [1]. Group 2: YTME Overview - YTME is a Swiss-registered company listed on the Swiss Stock Exchange since May 16, 2000, focusing on private equity, private credit, and other private market strategies [2]. - Following acquisitions of C Capital Group in November 2024 and August 2025, YTME operates as a global asset management company targeting the Asia-Pacific region [2]. Group 3: Strategic Implications - The board believes that the proposed subscription will align with the company's long-term vision of expanding its global asset management presence and enhancing its status in Europe and the Asia-Pacific [3]. - The investment will leverage YTME's established platform and expertise to capture high-growth opportunities and diversify the investment portfolio [3]. - The collaboration is expected to create synergies, enhance competitive advantages, and generate sustained value for shareholders through joint investments, product development, and cross-border asset management initiatives [3].