Group 1 - The company Telecom Digital Investment Limited, a wholly-owned subsidiary, has entered into a conditional sale agreement to acquire all issued shares of Telecom Digital Securities Limited for HKD 40 million, to be paid in cash [1] - The target company is licensed by the Securities and Futures Commission to conduct regulated activities under the Securities and Futures Ordinance, primarily providing agency services for securities and futures contract trading in Hong Kong [1] Group 2 - The acquisition aims to diversify the group's business and revenue sources by entering the Hong Kong financial and securities market, capitalizing on the strong recovery of the capital market [2] - Since the beginning of 2025, the average daily trading volume of the Hong Kong stock market has exceeded HKD 200 billion, benefiting from participation by local and international investors [2] - The company holds a cautiously optimistic view on market prospects due to improved market liquidity, sentiment, and valuation recovery, expecting the acquisition to generate stable income through the target company's expertise and established infrastructure [2]

Core Viewpoint - The company has entered into an agreement to acquire all issued shares of Telecom Digital Securities Limited for HKD 40 million, aiming to diversify its business and revenue sources by entering the Hong Kong financial and securities market [1][2] Group 1: Acquisition Details - The acquisition is set to be completed by July 29, 2025, with the buyer being a wholly-owned subsidiary of the company [1] - The target company is licensed by the Securities and Futures Commission to conduct regulated activities under the Securities and Futures Ordinance, primarily providing agency services for securities and futures contract trading in Hong Kong [1] Group 2: Market Context - The acquisition is positioned to capitalize on the strong recovery of the capital market, with the average daily trading volume in the Hong Kong stock market exceeding HKD 200 billion since the beginning of 2025, driven by local and international investor participation [1] - The company holds a cautiously optimistic view on market prospects due to improved market liquidity, sentiment, and valuation recovery [1] Group 3: Synergies and Benefits - The acquisition is expected to create synergies with the company's existing business, enhancing the target company's operations and expansion through the company's financial strength and long-standing reputation in Hong Kong [2] - It will provide unique promotional opportunities, increasing the target company's brand awareness among the company's extensive customer base while promoting the company's telecom services to the target company's clients, thereby expanding market coverage for both entities [2]

Group 1 - Telecom Digital Investment Limited, a wholly-owned subsidiary of the company, has agreed to acquire all issued shares of Telecom Digital Securities Limited for HKD 40 million, to be paid in cash [1] - The target company is licensed by the Securities and Futures Commission to conduct regulated activities under the Securities and Futures Ordinance, primarily providing agency services for securities and futures contract trading in Hong Kong [1] Group 2 - The acquisition aims to diversify the group's business and revenue sources by entering the Hong Kong financial and securities market [2] - The group seeks to capitalize on the strong recovery of the capital market, with the average daily turnover of the Hong Kong stock market exceeding HKD 200 billion since the beginning of 2025, driven by local and international investors [2] - The company holds a cautiously optimistic view on market prospects due to improved market liquidity, sentiment, and valuation recovery, and expects the acquisition to generate stable income through the target company's expertise and established infrastructure [2]