GF Holdings (Hong Kong) Corporation Limited completed the acquisition of 20.036023% stake in Value Partners Group Limited from Cheah Capital Management Limited and Yeh V-Nee for HKD 1.1 billion.
Completion of the transaction is subject to the satisfaction (or waiver, where applicable) of certain conditions precedents (including obtaining necessary regulatory approvals and consents from, and completion of registrations with, relevant governmental and regulatory authorities in respect of licensed entities within the Group) on or prior to November 30, 2023 (or such later date as may be agreed between the parties to the agreement). The transaction will not have a material impact on the financial position and operating results of GF Securities Co., Ltd. (SZSE:000776).
GF Holdings (Hong Kong) Corporation Limited completed the acquisition of 20.036023% stake in Value Partners Group Limited (SEHK:806) from Cheah Capital Management Limited and Yeh V-Nee for HKD 1.1 billion on January 4, 2024.