BITSTRAT HLDGS(06113) intends to acquire the nominee membership of Hong Kong Golf Club Company for HK$14.2 million.

date
21:21 25/11/2025
avatar
GMT Eight
Byte Strategy (06113) has announced that on November 25, 2025, the company entered into a purchase agreement with the seller...
BITSTRAT HLDGS (06113) announced that on November 25, 2025, the company entered into a purchase agreement with the seller, whereby the company agreed to purchase a nominee membership of the company from the seller for a consideration of HK$14.2 million. The group is primarily engaged in providing outbound telemarketing services and customer contact center facilities to promote financial products and related activities issued by authorized financial institutions, card companies, or global organizations. The group is also expanding into digital assets and related business to pursue new strategic directions. The club (Hong Kong Golf Club) was founded in 1889 and is one of the oldest golf clubs in Asia. Through the nominee membership of the company, the group can use the club facilities as a social space, which will help promote and expand the group's business. Furthermore, the number of nominee memberships of the club is limited, making them valuable. Based on historical market prices and their status in Hong Kong, nominee memberships of the club have secondary market and resale value.