Group 1 - The company, LiFung (Group) Limited, announced a share redemption agreement with FEMTO S.à r.l, involving the sale of 500,000 Class C shares, representing approximately 2.55% of FEMTO's total issued share capital, for a cash consideration of €7.5 million (approximately HKD 68.12 million) [1] - The target company, FEMTO, is a private limited company registered under Luxembourg law and is primarily an investment holding company that wholly owns Prima Industrie S.p.A., a key supplier of sheet metal machinery for the group [1] - The board of directors believes that the share redemption presents a favorable opportunity for the group, considering global economic volatility and increased policy uncertainty [2] Group 2 - The company acquired the target shares in February 2023 for €5 million and plans to sell them for €7.5 million, allowing the group to lock in value gained over time [2] - Following the completion of the share redemption, the company's net debt-to-equity ratio is expected to decrease from approximately 21.7% as of December 31, 2024, to about 12.4% [2] - The net proceeds of approximately HKD 44.76 million from the transaction will be used for general working capital, which is anticipated to reduce the need for bank borrowings and decrease financial costs by approximately HKD 938,000 for the second half of the fiscal year ending December 31, 2025 [2]

Group 1 - The company announced a share redemption agreement with FEMTO S.àr.l, involving the sale of 500,000 Class C shares, representing approximately 2.55% of the target company's issued share capital, for a cash consideration of €7.5 million (approximately HKD 68.12 million) [1] - The target company is a private limited company registered under Luxembourg law and is primarily an investment holding company that wholly owns Prima Industrie S.p.A., a key supplier of sheet metal machinery for the group [1] - The board of directors regularly evaluates the global economic outlook and reviews the company's investment portfolio, considering geopolitical tensions, increased policy uncertainty, and rising transaction costs [1] Group 2 - The company acquired the target shares in February 2023 for €5 million, and the sale at €7.5 million allows the company to lock in value gained over time [2] - The share redemption is expected to bring additional operating expenses, reduce the company's liabilities and financial costs, and enable the allocation of more resources to existing businesses [2] - Post-completion, the company's net debt-to-equity ratio is projected to decrease from approximately 21.7% as of December 31, 2024, to about 12.4%, with net proceeds of approximately HKD 44.76 million to be used for general working capital, thereby reducing bank borrowing needs [2]