WELL LINK SEC (08350) Completes Acquisition of All Issued Shares of Haishan

Stock News
Oct 13

WELL LINK SEC (08350) announced that all preconditions under the sale and purchase agreement have been satisfied, and the completion was implemented on October 13, 2025. Consideration bonds with a principal amount of HK$35 million have been issued to the vendors, of which consideration bonds with a principal amount of HK$33.25 million will be issued to Xu Chujia and consideration bonds with a principal amount of HK$1.75 million will be issued to Zhang Meijuan. Upon completion, the company will hold all issued shares of the target company. As a result, the target company will become a direct wholly-owned subsidiary of the company, and the financial performance of the target company will be consolidated with the group's accounts.

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