RMH Holdings (08437) to Divest Entire Issued Share Capital of Deshi (Hong Kong) Holdings Limited

Stock News
Dec 31, 2025

RMH Holdings (08437) announced that on December 31, 2025 (after trading hours), the company (as the seller) entered into a sale and purchase agreement with the buyer, Mr. Yan Xianchang. Under this agreement, the seller has consented to sell, and the buyer has consented to acquire, the sale shares, representing the entire issued share capital of the target company, for a consideration of HK$1. Upon completion, the target company, Deshi (Hong Kong) Holdings Limited, will cease to be a subsidiary of the company, and the company will no longer hold any issued share capital in the target entity. Consequently, the financial results of the target company will no longer be consolidated into the group's combined financial statements. The Board of Directors believes that the disposal will not have any materially adverse impact on the group's overall financial position and operations. This divestiture will enable the group to enhance its financial health by reducing liabilities and lowering its gearing ratio; streamline its business operations; and reallocate existing resources to focus on the development of its core business. The Board considers the terms of the disposal to be on normal commercial terms, fair and reasonable, and in the overall interests of the company and its shareholders.

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