Quam Plus International Financial Limited (SEHK:952) entered into the acquisition sale and purchase agreement to acquire 15.72% stake in Fortune Origin Group Limited from Chan Siu Yeung for HKD 120 million on December 18, 2023. The consideration is payable as to the sum of HKD 60 million to be paid in cash upon the signing of the Acquisition SPA and the balance of the consideration of HKD 60 million to be paid in cash on the Acquisition SPA Completion Date or within seven (7) Business Days after the Acquisition SPA Completion Date.