Cosmos Mach (00118) has announced that the conditions of the buy-sell agreement have been reached and completed on August 2, 2024...
The conditions of the buy-sell agreement have been reached and completed on August 21, 2024 for Cosmos Mach (00118). The buyer has paid the remaining balance of 27.9932 million Hong Kong dollars, and all trades under the selling terms have been completed according to the buy-sell agreement.
After the completion, the company will no longer directly or indirectly own any equity of the target group. The financial performance, assets, and liabilities of the target group's member companies will no longer be consolidated into the group's financial statements.
