01657

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SG GROUP HLDGS: All conditions precedent under the share purchase agreement with Hong Kong Wei Ye Software have been ful…

etnet

Jun 22 at 11:14 PM

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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)

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)

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