HM INTL HLDGS: Plans to sell 70% equity in i.Link Group Limited

According to the announcement from HM INTL HLDGS (08416), on September 1, 2025, the seller (the company's indirectly wholly-owned subsidiary HM Investment Limited) intends to sell 70% of the issued share capital of the target company (i.Link Group Limited) to the buyer (Trump Ever Limited), along with the sale loan, for a consideration of HKD 5.1 million.

The transaction was completed on the same day, and upon completion, the group will no longer hold any equity in the target company, which will no longer be a subsidiary of the company. The financial condition and operating performance of the target company will no longer be consolidated into the group's financial statements.

The target company is a limited liability company registered in Hong Kong on September 17, 2007, primarily engaged in financial printing services, marketing collateral printing services, and design solution services in Hong Kong. The company provides various services to listed companies on the Stock Exchange, potential listing applicants, government and organizations, fund companies, and Hong Kong insurance companies.

The group's business is facing challenges in 2024. Additionally, due to economic uncertainties, listed companies and financial institutions are reducing expenditures on printing services. With the expansion of the paperless listing system in Hong Kong, the group expects the financial printing services market to continue to shrink in the near future. The sale provides the group with an opportunity to cash out its investment in the target company and streamline its operations. Nevertheless, the group will closely monitor future investment opportunities