Financial One Account (06638) issued an announcement. On November 13, 2023 (after the Hong Kong trading session), the company...
Zhitong Finance App News, Financial One Account (06638) issued an announcement. On November 13, 2023 (after the Hong Kong trading session), the company entered into a share purchase agreement with the buyer Lujinsuo Holdings Limited and Ping An Bank, a wholly-owned subsidiary of the company. According to this, the company conditionally agreed to sell and the buyer agreed to acquire Ping An Bank through the transfer and sale of all of the company's issued share capital. The consideration was HK$933 million in cash, subject to the terms and conditions of the share purchase agreement. After delivery, the company will no longer hold any interest in the sale company. As a result, the sales group will no longer be a subsidiary of the company and will no longer be incorporated into the group's financial statements.
According to the announcement, all preconditions for the delivery of the sale have been met, and the delivery was carried out on April 2, 2024. After delivery, the company no longer held any interest in the sale of the company. As a result, the Sales Group is no longer a subsidiary of the Company, and the financial results of the Sales Group are no longer incorporated into the Group's financial statements.