Group 1 - The company CHEVALIER INT'L (00025.HK) has entered into a sale and purchase agreement to acquire 40% of NC1 Sandhill Limited from Mitsui & Co. (Hong Kong) Ltd for a total consideration involving a loan of HKD 169 million that remains unpaid as of the agreement date [1] - The target company is registered in the British Virgin Islands and primarily engages in investment holding, with a focus on providing services and financing for church and facility building development projects [1] - Upon completion of the acquisition, the target company will become a wholly-owned subsidiary of CHEVALIER INT'L, enhancing the company's control over its operations [1] Group 2 - The loan agreement with Mitsui has an annual interest rate of 10%, with accrued interest amounting to approximately HKD 122 million as of the agreement date [2] - The acquisition is expected to save the company approximately HKD 122 million in interest expenses, as the total principal and accrued interest amount to HKD 291 million, offset by the present value of the deferred loan cost [2] - Despite the target group currently being in a loss position, the company believes in the long-term growth potential of the elderly care facility market in Hong Kong, driven by an aging population and the advantageous location and quality of the facility building [2]