GOLDWAY EDU (08160) announced that on September 30, 2025, the company intends to acquire all issued shares of Hui Min Limited from Li Mantang and Gao Lianfang for a consideration of HK$20 million. The payment will be structured as follows: HK$15.66 million will be settled through the allotment and issuance of consideration shares to the vendors (or their nominees) upon completion, while HK$4.34 million will be paid through the issuance of promissory notes to the vendors (or their nominees) after completion.

The target company is a property holding company whose sole significant asset is the property in question. The property comprises two non-residential studios that are currently subject to tenancy agreements. The total gross floor area of the property is approximately 2,961 square feet.

The company plans to acquire the property for investment purposes, as it provides stable rental income and may potentially be utilized for its own tutoring business operations in the future.