Star Group Asia Ltd. has entered into a memorandum of understanding with Ms. Chan Wai Lee Venny, Mr. Leung Kin Bong, and Mr. Chan Tak Sang Tony regarding a potential acquisition involving Global Student Living Group Holding Limited and its subsidiaries. The proposed deal could involve the subscription or acquisition of all or part of the shares of Global Student Living Group. The memorandum of understanding sets out terms such as an exclusive negotiation period and due diligence, but does not constitute a binding agreement for the transaction at this stage. The company believes the potential acquisition could enhance recurring income, improve asset utilization, and create long-term value through synergies and resource integration. The transaction remains subject to further negotiation and agreement.

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. Star Group Asia 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-20260128-12002954), on January 28, 2026, and is solely responsible for the information contained therein.