Gao Men Group (08412.HK) announced that subsidiary Castle Team, which indirectly owns 51%, and six other new investors have each entered into share subscription agreements with indirect wholly-owned subsidiary Crown Grand and its direct holding company Lively World, and new investors will subscribe for a total of 30 new CG shares in Crown Grand at a total subscription price of 6 million yuan.

Upon completion, Crown Grand will be 28% owned by new investors and 72% owned by the company. Crown Grand will continue to be a subsidiary of the company, and its financial performance will continue to be incorporated into the company's performance.