FW HOLDINGS (00572) announced that on January 16, 2026, the company entered into a conditional agreement with the buyer, Mr. Lai Long Wai, an executive director. Under this agreement, the company has consented to transfer and assign the sale securities and loan receivables to the buyer for a total consideration of HK$119 million. The consideration will be settled by the buyer through offsetting the outstanding debts owed to Mr. Lai and the outstanding debts of Rejoice on an equal basis, with any net amount payable to be settled by the buyer within one year following the completion of the transaction. The company views the disposal as a favorable opportunity for the Group to reconfigure its resources and investment portfolio. Furthermore, offsetting the outstanding debts to Mr. Lai and Rejoice is expected to reduce the Group's liabilities, gearing ratio, and future interest burden. After the offset of these outstanding debts, the net proceeds from the disposal, approximately HK$16 million, will be allocated for the Group's general working capital and/or for debt repayment.