FinTech Holdings (00442.HK) plans to acquire approximately 5.56% of VAX's equity for HK$100 million, exploring the development and opportunities of asset tokenization using blockchain technology.

Capital Securities APP News, MediLink-Global Holding Limited (00442.HK) announced that on November 12, 2025, the Company entered into a VAX purchase agreement with Dr. Su Shuhui, the seller. The Company conditionally agreed to acquire, and the seller conditionally agreed to sell, VAX's sale shares for a consideration of HK$100 million (subject to price adjustments). The sale shares of VAX account for approximately 5.56% of the total issued share capital of VAX Limited. The Company will pay the seller a consideration of HK$100 million, of which HK$24 million will be paid in cash (from the internal resources generated by the rights issue) and the balance of HK$76 million will be paid through the issuance of convertible bonds.