IBI GROUP HLDGS plans to sell 80% equity of Building Solutions Limited for HKD 1.5 million
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IBI GROUP HLDGS announced that it will sell 80% of the equity of Building Solutions Limited held by its wholly-owned subsidiary IBI Group Limited for HKD 1.5 million. The buyer is Mr. Yan Jian Song, and the transaction is expected to be completed on October 24, 2025. This sale will result in the target company being wholly owned by the buyer, and the group will no longer consolidate its financial performance. The board believes that this move will help the group focus on its core business, enhance operational efficiency and financial condition, and achieve sustainable growth
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