HENG TAI (00197) subsidiary proposed to acquire all equity of Ying Kai International Travel for HK$972,000.
Hengtai (00197) announced that on December 24, 2025, the buyer (Shining Impact Limited, a wholly-owned subsidiary of the company) intends to purchase all issued shares of the target company (Yingkai International Travel Limited) from the seller, Ms. Tang Jiyan, for a price of 972,000 Hong Kong dollars.
HENG TAI (00197) announces that on December 24, 2025, the buyer (the wholly-owned subsidiary company Shining Impact Limited) intends to purchase all the issued shares of the target company (Ying Kai International Travel Limited) from the seller, Ms. Tang Jianyan, for a price of HK$972,000.
The target company is mainly engaged in providing comprehensive travel arrangements for tour groups from mainland China to Hong Kong, including accommodation coordination, meal arrangements, sightseeing tours, and shopping experiences. The group has been committed to strengthening and diversifying its business to enhance shareholder value. The acquisition is a strategic move for the group to expand into the recovering tourism industry in Hong Kong.
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