Pangaea Connectivity Takes 40% Stake in Target Company Through US$1 Million Share Subscription
Pangaea Connectivity Technology Ltd has announced a connected transaction involving a strategic shareholders' agreement dated 16 December 2025. Under the agreement, Pangaea Investment Limited, a wholly owned subsidiary of the company, and Mile Green will invest in and manage a target company. Mile Green will subscribe for 6,000 shares in the target company for US$1,500,000, while Pangaea Investment will subscribe for 8,000 shares for US$1,000,000. Upon completion of the subscriptions, scheduled for 30 April 2026, Mile Green and Pangaea Investment will hold 60% and 40% of the target company's issued share capital, respectively. The agreement also includes a put option allowing Pangaea Investment to require Mile Green to purchase its shares in the target company under specified terms.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pangaea Connectivity Technology Ltd- published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251216-11957679), on December 16, 2025, and is solely responsible for the information contained therein.
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