
Top Eminent Healthcare to Acquire Online Healthcare Platform in HK$100.3 Million Connected Deal

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Top Eminent Healthcare Group Limited will acquire 100% of Top Eminent II Limited for HK$100.3 million, a connected transaction under Hong Kong listing rules. The acquisition allows Top Eminent to consolidate financial results from PRC entities in internet-based healthcare. As the vendor is a subsidiary of the controlling shareholder, independent shareholder approval is required. An Independent Board Committee has been formed, and Ignite Capital (Asia Pacific) Limited will serve as the independent financial adviser. The latest analyst rating for CLSA Premium Ltd. (HK:6877) is a Hold with a price target of HK$0.15.
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