ECLICKTECH's subsidiary in Hong Kong, Click, plans to sign a call option agreement with Bidease Group
ECLICKTECH's wholly-owned subsidiary Hong Kong Click plans to sign a call option agreement with Bidease Group, aiming to exit its 35% equity investment in Bidease Group, with a transaction price of USD 12 million. If Bidease Group chooses not to exercise or partially exercise the option, Hong Kong Click will continue to hold its equity
According to the Zhitong Finance APP, ECLICKTECH (301171.SZ) announced that its wholly-owned subsidiary Click Tech Limited (referred to as "Hong Kong Click") holds a 35% equity stake in Bidease Group Inc. (referred to as "Bidease Group"). To focus on its main business and improve asset operation efficiency, Hong Kong Click and Bidease Group plan to sign a Call Option Agreement (also known as a Call Option Agreement) to exit their investment in Bidease Group, with a transaction price of USD 12 million. If Bidease Group chooses not to exercise the option or partially exercises it, Hong Kong Click will continue to hold its equity stake in Bidease Group
