Mayer to Dispose of Struggling Subsidiary for 1 Yuan

MT Newswires Live

2025/03/06

Mayer Holdings (HKG:1116) plans to dispose of its wholly owned subsidiary, Happy (Hong Kong) New City Group, for 1 yuan, according to a Wednesday filing with the Hong Kong Bourse.

The sale was finalized on March. 5, under a Sale and Purchase Agreement between the company's subsidiary, Elate Ample, and an independent third-party buyer. The decision follows financial struggles, legal disputes, and stalled redevelopment plans in Yuetang Village.

Upon completion, Mayer Holdings will no longer be interested in the subsidiary and will refocus on its steel business and energy storage ventures.

The date set for the completion of the sale is March. 12.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2517188533"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2517188533\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2517188533?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-06 13:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2517188533","market":"sh","top_or_hot":-1,"title":"Mayer to Dispose of Struggling Subsidiary for 1 Yuan","media":"MT Newswires Live","content":"<html><body><p> Mayer Holdings (HKG:1116) plans to dispose of its wholly owned subsidiary, Happy (Hong Kong) New City Group, for 1 yuan, according to a Wednesday filing with the Hong Kong Bourse.</p><p>The sale was finalized on March. 5, under a Sale and Purchase Agreement between the company's subsidiary, Elate Ample, and an independent third-party buyer. The decision follows financial struggles, legal disputes, and stalled redevelopment plans in Yuetang Village.</p><p>Upon completion, Mayer Holdings will no longer be interested in the subsidiary and will refocus on its steel business and energy storage ventures.</p><p>The date set for the completion of the sale is March. 12.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mayer to Dispose of Struggling Subsidiary for 1 Yuan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMayer to Dispose of Struggling Subsidiary for 1 Yuan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-06 13:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Mayer Holdings (HKG:1116) plans to dispose of its wholly owned subsidiary, Happy (Hong Kong) New City Group, for 1 yuan, according to a Wednesday filing with the Hong Kong Bourse.</p><p>The sale was finalized on March. 5, under a Sale and Purchase Agreement between the company's subsidiary, Elate Ample, and an independent third-party buyer. The decision follows financial struggles, legal disputes, and stalled redevelopment plans in Yuetang Village.</p><p>Upon completion, Mayer Holdings will no longer be interested in the subsidiary and will refocus on its steel business and energy storage ventures.</p><p>The date set for the completion of the sale is March. 12.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1225","symbol_name":"钢铁","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2517188533","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517188533","pubTimestamp":1741240750,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Mayer Holdings  plans to dispose of its wholly owned subsidiary, Happy  New City Group, for 1 yuan, according to a Wednesday filing with the Hong Kong Bourse.The sale was finalized on March. 5, under a Sale and Purchase Agreement between the company's subsidiary, Elate Ample, and an independent third-party buyer. The decision follows financial struggles, legal disputes, and stalled redevelopment plans in Yuetang Village.Upon completion, Mayer Holdings will no longer be interested in the subsidiary and will refocus on its steel business and energy storage ventures.The date set for the completion of the sale is March. 12.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1225":"钢铁","01116":"慧源同创科技"},"translate_title":"梅耶尔将以1元出售陷入困境的子公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01116":0.9},"content_text":"Mayer Holdings (HKG:1116) plans to dispose of its wholly owned subsidiary, Happy (Hong Kong) New City Group, for 1 yuan, according to a Wednesday filing with the Hong Kong Bourse.The sale was finalized on March. 5, under a Sale and Purchase Agreement between the company's subsidiary, Elate Ample, and an independent third-party buyer. The decision follows financial struggles, legal disputes, and stalled redevelopment plans in Yuetang Village.Upon completion, Mayer Holdings will no longer be interested in the subsidiary and will refocus on its steel business and energy storage ventures.The date set for the completion of the sale is March. 12.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}