RYKADAN CAPITAL (02288) announced that on January 23, 2026, the seller (a direct wholly-owned subsidiary of the Company) and the buyer (a company ultimately owned as to 50% each by Mr. Chan and Mrs. Chan) entered into a sale and purchase agreement. The seller conditionally agreed to sell, and the buyer conditionally agreed to purchase, the seller's entire equity interest in the property company, Vibrant Colour Holdings Limited (equivalent to 20% of the property company's total issued share capital), along with the shareholder's loan owed by the property company to the seller. The consideration is the sum of the outstanding loan amount as of the completion date and 20% of the net asset value on the completion date. Based on the property company's consolidated management accounts as of September 30, 2025, and assuming the relevant amounts remain unchanged from that date until completion, the consideration is estimated to be approximately HKD 15.07 million. This figure represents the sum of the outstanding loan amount of HKD 35.02 million as of September 30, 2025, and 20% of the net asset value on that date, which was approximately negative HKD 19.95 million. Upon completion, the property company will be 100% owned by the buyer, and the Group will no longer hold any equity interest in the property company or any shareholder loans owed by it. Aligned with the Group's strategy to accelerate asset realization and streamline non-core holdings, the Directors believe the proposed sale presents a valuable opportunity for the Group to monetize its investment in the property. It allows the Group to streamline its asset portfolio, allocate resources more efficiently, and seize other investment opportunities to generate better returns.