PAK TAK INT'L Limited completed the main Trade of acquiring the target company on December 31, 2024, which involved issuing consideration shares under special authorization. The consideration for the acquisition is RMB 0.28986 billion, with the company distributing and issuing 0.95 billion consideration shares to the seller at an issue price of HKD 0.336 per share. Upon completion, each member company of the target group becomes a subsidiary of the company, and its financial performance, Assets, and liabilities will be consolidated into the company's financial statements.The consideration shares represent approximately 20.30% of the company's issued share capital immediately before the completion, and 16.87% of the enlarged issued share capital thereafter. After the completion, the seller becomes the major shareholder, holding approximately 16.87% of the...Show More

PAK TAK INT'L Limited completed the main Trade of acquiring the target company on December 31, 2024, which involved issuing consideration shares under special authorization. The consideration for the acquisition is RMB 0.28986 billion, with the company distributing and issuing 0.95 billion consideration shares to the seller at an issue price of HKD 0.336 per share. Upon completion, each member company of the target group becomes a subsidiary of the company, and its financial performance, Assets, and liabilities will be consolidated into the company's financial statements.The consideration shares represent approximately 20.30% of the company's issued share capital immediately before the completion, and 16.87% of the enlarged issued share capital thereafter. After the completion, the seller becomes the major shareholder, holding approximately 16.87% of the company's enlarged issued share capital. The company's equity structure changes, with the holding ratio of Teng Le Holdings Limited decreasing from 20.94% to 17.41%, and the holding ratio of public shareholders decreasing from 79.06% to 65.72%. This Trade increases the total number of issued shares of the company from 0.468 billion shares to 0.563 billion shares.