E-STAR CM (06668) enters into a full power of attorney investment management agreement, with a total investment amount estimated not to exceed 200 million Hong Kong dollars.

date
18:48 09/01/2026
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GMT Eight
Hosun Business (06668) announced that on January 9, 2026, the company entered into a full power of attorney investment management agreement with the manager. According to this agreement, the company agrees to appoint the manager, and the manager agrees to accept the appointment as the manager to provide full power of attorney investment management services to the company. The total investment amount is expected to be no more than 200 million Hong Kong dollars, which will be funded by the company's current cash reserves, and the manager is authorized to manage the investment portfolio on behalf of the company.
E-STAR CM (06668) announced that on January 9, 2026, the company entered into a full power of attorney investment management agreement with the manager. According to this agreement, the company agreed to appoint the manager, and the manager agreed to accept the appointment as the manager to provide full power of attorney investment management services to the company. The total investment amount is expected to be no more than HK$200 million, which will be funded from the company's current cash reserves, and the manager is authorized to represent the company in managing the investment portfolio. The company agreed to appoint the manager to provide full power of attorney investment portfolio management services to the company, and the manager agreed to accept the appointment. The investment objective of the portfolio is to achieve capital appreciation through various means, including money market funds, initial public offerings (IPOs), block trades, and private investment in public equity (PIPE). The portfolio can allocate all assets to invest in the shares of one or more target companies. In line with the company's fund policy, the company is continuously expanding its offshore funds through investments in different asset classes and has subscribed to various wealth accumulation tools. By entering into a full power of attorney investment management agreement with the manager, the company can effectively utilize the group's idle cash to improve the overall return on capital and provide financial support to its core business. According to the full power of attorney investment management agreement, the company can flexibly withdraw any or all investments from the portfolio as needed. These measures help the company generate potential income from its overseas cash surplus while maintaining its liquidity position to better support the development of its core business.