---
title: "SG GROUP HLDGS: All conditions precedent under the share purchase agreement with Hong Kong Wei Ye Software have been fulfilled and have been implemented today"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290509696.md"
description: "According to a report from the Economic News Agency on the 23rd, SG GROUP HLDGS and the offeror Hong Kong Wei Ye Software Co., Ltd. jointly announced that all conditions precedent under the share purchase agreement have been fulfilled, and the completion has been implemented today. The offeror is acquiring a total of 23.97 million shares from the seller at a total price of approximately HKD 199 million, accounting for about 74.91% of the company's total issued shares. (kl)"
datetime: "2026-06-23T04:14:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290509696.md)
  - [en](https://longbridge.com/en/news/290509696.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290509696.md)
---

# SG GROUP HLDGS: All conditions precedent under the share purchase agreement with Hong Kong Wei Ye Software have been fulfilled and have been implemented today

According to the Economic News Agency on the 23rd, SG GROUP HLDGS (01657) and the offeror Hong Kong Wei Ye Software Co., Ltd. jointly announced that all conditions precedent under the share purchase agreement have been fulfilled, and the completion has been implemented today.

The offeror is acquiring a total of 23.97 million shares from the seller at a total price of approximately HKD 199 million, accounting for about 74.91% of the company's total issued shares. (kl)

### Related Stocks

- [01657.HK](https://longbridge.com/en/quote/01657.HK.md)

## Related News & Research

- [SG Group says Hong Kong Weiye Software completes HK$198.52 million purchase of 74.91% stake](https://longbridge.com/en/news/290508350.md)
- [Apple may have finally fixed its most embarrassing software](https://longbridge.com/en/news/290326394.md)
- [India's Bajaj Auto says ransomware attack hits systems](https://longbridge.com/en/news/290579305.md)
- [Software stocks have officially lost their long-term edge](https://longbridge.com/en/news/290468055.md)
- [Marathon Software acquires MobiOne in Nordic temperature-controlled transport push](https://longbridge.com/en/news/290368388.md)