GD-HKGBA HLDGS (01396) completed the acquisition of all issued shares of Wisdom Knight.

date
16:39 23/10/2025
avatar
GMT Eight
Yue Gang Wan Holdings Limited (01396) issued an announcement regarding the acquisition of Wisdom Knight Ho...
GD-HKGBA HLDGS (01396) announced the acquisition of all issued shares of Wisdom Knight Holdings Limited. All prerequisites for the acquisition have been met, and the transaction was completed on October 23, 2025, in accordance with the terms and conditions of the sale and purchase agreement. Under the agreement, the Company issued and distributed 310 million consideration shares to the seller at a price of HK$3.15 per share. After completion, all member companies of the target group have become subsidiaries of the Company, and the financial performance of the target group will be consolidated into the Company's financial statements.