On July 29th, GeLongHui reported that Fdb Holdings (01826.HK) announced that the company was informed by Masterveyor Holdings Limited (Masterveyor, the controlling shareholder of the company) that on July 27, 2024, Masterveyor and Top Boards Ltd. reached a purchase agreement after fair negotiations. According to the purchase agreement, Masterveyor agreed to purchase 80.07 million shares of the company's stock at a total price of HKD 5 million, equivalent to about HKD 0.062 per purchased share. According to Masterveyor, the price is determined based on the average closing price of the company's stock during the five days immediately preceding July 27, 2024. The acquisition was completed on July 27, 2024.

The purchased shares represent approximately 6.011% of the company's fully issued shares as of the date of this announcement.

Following the acquisition, Masterveyor holds equity in 0.827 billion shares of the company, accounting for approximately 62.09% of the company's fully issued shares as of the date of this announcement, and continues to be the controlling shareholder of the company.

As of the date of this announcement, Mr. Wu Jianshao (Executive Director and CEO of the company) fully owns Masterveyor. Under the Securities and Futures Ordinance, Mr. Wu is deemed to hold an interest in the company's shares held by Masterveyor.