DYNAM JAPAN (06889) subsidiary intends to sell aircraft for US$65.2 million.

DYNAM JAPAN (06889) announces that on 17 September 2026 (after trading hours), DAIL (Dynam Aviation Ireland Limited, a wholly-owned subsidiary of the Company) and SAIL (Sato Aviation Ireland Limited) entered into an aircraft sale and purchase agreement, pursuant to which DAIL has conditionally agreed to sell, and SAIL has agreed to purchase, the Aircraft at a purchase price of US$65.2 million (equivalent to approximately HK$509 million) (subject to the terms of the Lease and with the benefit thereof), subject to certain adjustments at delivery. The Aircraft is an Airbus A321-271NX aircraft equipped with two PW1133GA-JM engines. As at 31 March 2026, the audited net book value of the Aircraft was approximately US$65.1 million. The Aircraft is currently subject to the Lease, which will be novated to SAIL at delivery. The Disposal aligns with the Group's strategic objective of expanding direct business with major airline customers through a combination of portfolio transactions and aviation leasing management, while managing exposure to such airlines. This strategy enables the Group to expand and diversify its aircraft leasing business while achieving attractive equity returns, maintaining a stable capital inflow, and keeping a prudent debt level.