BAUHAUS INT'L (00483) announced that the company was informed by its executive director and controlling shareholder, Ms. Tong Shuwen, that The Tong & Wong Family Trust was dissolved on January 15, 2026.
Immediately prior to the dissolution of the family trust, the trust (with East Asia International Trustees Limited (EAIT) acting as its trustee) held interests in the company's shares through its directly wholly-owned subsidiaries, Yate Enterprises Limited and New Huge Treasure Investments Limited, with New Huge Treasure Investments Limited directly holding 180 million issued shares of the company, representing approximately 48.99% of the company's issued share capital.
The company was informed by Ms. Tong that following the dissolution of the family trust, EAIT transferred its entire equity interest in Yate Enterprises Limited to Ms. Tong and Ms. Wong Hei Ting, resulting in Ms. Tong becoming the controlling shareholder (holding an interest in 75.25% of the issued shares of Yate Enterprises Limited) and being appointed as the sole director of Yate Enterprises Limited.
Consequently, following the dissolution of the family trust, Ms. Tong will continue to hold a beneficial interest in 2.15 million issued shares of the company directly; continue to hold an interest in 34.068 million issued shares of the company through Great Elite Corporation; and, under Part XV of the Securities and Futures Ordinance, be deemed to have an interest in the 180 million issued shares of the company held by New Huge Treasure Investments Limited.