SINOFERT (00297): Syngenta Hong Kong Enters into Share Transfer Agreement with Sinochem Hong Kong

Stock News
2025/12/08

SINOFERT (00297) announced that the company has been notified by its direct controlling shareholder, Syngenta Group (Hong Kong) Holding Limited (Syngenta Hong Kong), regarding an intra-group restructuring. On December 6, 2025, Syngenta Hong Kong entered into a share transfer agreement with Sinochem Hong Kong (Group) Company Limited (Sinochem Hong Kong). Under the agreement, Syngenta Hong Kong agreed to transfer all of its 3.699 billion ordinary shares (representing approximately 52.65% of the company's total issued share capital as of the announcement date) to Sinochem Hong Kong for a nominal consideration (Proposed Transfer). The obligations of the parties under the share transfer agreement will only take effect upon fulfillment of the regulatory conditions specified therein. Upon completion of the Proposed Transfer, Sinochem Hong Kong will become the direct controlling shareholder of the company, holding 3.699 billion shares (approximately 52.65% of the total issued share capital), while China Sinochem will remain the ultimate controlling shareholder.

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