Guangdong–Hong Kong Greater Bay Area Holdings Limited (1396) Completes Major Acquisition with Issue of Consideration Shares

Bulletin Express
2025/10/23

Guangdong–Hong Kong Greater Bay Area Holdings Limited (1396) confirmed the completion of a major transaction involving the acquisition of the entire issued share capital of the target company. According to the announcement dated 23 October 2025, all conditions under the Sale and Purchase Agreement were met, and completion took place on that same day.

Under the agreement, 310,000,000 consideration shares were issued to the vendor at HK$3.15 per share. This issuance increased the company’s total issued shares from 814,103,100 to 1,124,103,100.

Following completion, each member of the target group became a subsidiary of Guangdong–Hong Kong Greater Bay Area Holdings Limited, with the group’s financial results set to be consolidated into the company’s financial statements. The post-completion shareholding structure stands at approximately 36.89% held by China GBA Holdings (414,665,566 shares), 27.58% by the vendor (310,000,000 shares), and 35.53% by other shareholders (399,437,534 shares).

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