META MEDIA (00072) Plans to Acquire Approximately 3% Stake in Modern Digital Holdings for RMB 11.6 Million

Stock News
2025/12/23

On December 23, 2025, META MEDIA (00072) announced that its wholly-owned subsidiary, e-Starship Limited, intends to acquire approximately 3% of the issued share capital of Modern Digital Holdings Limited from Hong Kong Septwolves Investment Holdings Limited for an initial consideration of RMB 11.6 million, payable in cash. Upon completion, the buyer's stake in the target company will increase from approximately 77% to 80%. The board believes the acquisition will enhance the group's operational control over Modern Digital Holdings, ensuring efficiency and management of its digital media business while strengthening its influence in diversified creative ventures. The transaction is also expected to boost attributable profit for equity shareholders due to the increased stake.

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