csc holdings (stock code: 235) announced that after the trading session on August 30, 2024, it signed a share purchase agreement with the seller to acquire 26.80% of the issued and outstanding shares of CITYSTATE SAVINGS BANK, INC., with a total price of approximately 735.89 million Philippine pesos (approximately 102.07 million Hong Kong dollars), but the total consideration will not exceed 750 million Philippine pesos (approximately 104.02 million Hong Kong dollars). This acquisition constitutes a disclosure transaction under the provision 14.07 of the listing rules, where the applicable percentage is higher than 5% but less than 25%. The target company is a licensed bank listed in the Philippines, and has 34 branches/offices in the Philippines. This acquisition is part of csc holdings' financial business investment strategy and marks its efforts to enter the Southeast Asian financial market. The purchase price will be paid in cash and allocated from internal financial resources within the group.

csc holdings (stock code: 235) announced that after the trading session on August 30, 2024, it signed a share purchase agreement with the seller to acquire 26.80% of the issued and outstanding shares of CITYSTATE SAVINGS BANK, INC., with a total price of approximately 735.89 million Philippine pesos (approximately 102.07 million Hong Kong dollars), but the total consideration will not exceed 750 million Philippine pesos (approximately 104.02 million Hong Kong dollars). This acquisition constitutes a disclosure transaction under the provision 14.07 of the listing rules, where the applicable percentage is higher than 5% but less than 25%. The target company is a licensed bank listed in the Philippines, and has 34 branches/offices in the Philippines. This acquisition is part of csc holdings' financial business investment strategy and marks its efforts to enter the Southeast Asian financial market. The purchase price will be paid in cash and allocated from internal financial resources within the group.