FW HOLDINGS (00572) plans to sell loans receivables and transfer listed securities worth HK$119 million.

FW HOLDINGS (00572) announced that on January 16, 2026, the company entered into a conditional agreement with the buyer (Executive Director Mr. Lai Langwei), whereby the company agreed to transfer and sell securities and loan receivables to the buyer for a total consideration of HK$119 million. The consideration will be used to offset the outstanding debts of Mr. Lai and Rejoice on an equal basis, with the buyer required to pay the net amount due within one year of completion. The company believes that this sale provides an opportunity for the group to reconfigure resources and investment portfolios. Additionally, offsetting the outstanding debts of Mr. Lai and Rejoice will reduce the group's liabilities, asset-liability ratio, and future interest burden. After offsetting the outstanding debts of Mr. Lai and Rejoice, the net proceeds from the sale of approximately HK$16 million will be used for the group's general working capital and/or debt repayment.