TELECOM DIGIT spent HKD 40 million to fully acquire TELECOM DIGIT Securities

TELECOM DIGIT (06033.HK) announced its entry into the Hong Kong financial and securities market by acquiring 100% equity of TELECOM DIGIT Securities from related party Sun Asia. The latter is a licensed corporation regulated under the Securities and Futures Ordinance for Type 1 (dealing in securities) and Type 2 (dealing in futures contracts) regulated activities, primarily engaged in providing agency services for securities and futures contract trading in Hong Kong, with a cash consideration of HKD 40 million, intended to be paid using internal resources