GOFINTECH INNOV plans to acquire 26.15% equity of WEALTHINK AI for HKD 303 million
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GOFINTECH INNOV plans to acquire 26.15% of WEALTHINK AI for HKD 303 million. The acquisition will be made by issuing approximately 340 million consideration shares to shareholders, with a price of approximately HKD 0.89 per share. After completion, Dr. Liu Zhiwei will hold approximately 21.24% of the shares, and the group will own 29.13% of the target company. The board believes that this acquisition will enhance business synergy between the two companies, expand the group's asset management business, and improve overall competitive advantage
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