WELL LINK SEC (08350) Completes Acquisition of All Issued Shares of Haishan

Stock News
2025/10/13

WELL LINK SEC (08350) announced that all preconditions under the sale and purchase agreement have been satisfied, and the completion was implemented on October 13, 2025. Consideration bonds with a principal amount of HK$35 million have been issued to the vendors, of which consideration bonds with a principal amount of HK$33.25 million will be issued to Xu Chujia and consideration bonds with a principal amount of HK$1.75 million will be issued to Zhang Meijuan. Upon completion, the company will hold all issued shares of the target company. As a result, the target company will become a direct wholly-owned subsidiary of the company, and the financial performance of the target company will be consolidated with the group's accounts.

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