Sanbase Corporation Limited has announced a transaction involving the disposal of a subsidiary. On August 29, 2025, the company's wholly-owned subsidiary, 1017 Company Limited, entered into a share purchase agreement with a connected person to sell its interest in Sanbase China Holding Limited. This Hong Kong-incorporated company, which is an indirect wholly-owned subsidiary of Sanbase Corporation, is part of a structured deal that also involves its PRC Subsidiary. The transaction reflects Sanbase Corporation's strategic decision to adjust its holdings within its corporate structure.
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