Summary by Moomoo AI
CENTRALWEALTHGP GROUP HOLDINGS (CENTRALWEALTHGP) ENTERED INTO A BUYOUT AGREEMENT WITH SELLER B TO ACQUIRE 24% SHARES OF SENWORTH LIMITED AT A TOTAL COST OF HK$8,064 MILLION AFTER THE TRADING PERIOD ON 4 NOVEMBER 2022. The relevant percentage rate of more than 5% but less than 25% is a disclosable transaction in accordance with Chapter 14 of the Listing Rules. The relevant percentages of acquisitions calculated in combination with those of 2023 above 25% but less than 100% constitute major transactions and are subject to approval by the Extraordinary General Meeting. The 2022 acquisition was completed in March 2023 and the 2022 Underwriting Notes were redeemed in advance. The target company primarily engaged in investment holdings, holding 90% interest in Tianshun Properties, with a further 50% interest in Kok Tai Properties. Zhongda Group Holdings believes...Show More