HM INTL HLDGS (08416) Plans to Dispose of 70% Equity Interest in i.Link Group Limited

Stock News
Sep 01, 2025

HM INTL HLDGS (08416) announced that on September 1, 2025, the vendor (HM Investment Limited, an indirect wholly-owned subsidiary of the company) intends to dispose of 70% of the entire issued share capital of the target company (i.Link Group Limited), representing the group's entire interest in the target company, along with the sale loan, to the purchaser (Trump Ever Limited) for a consideration of HK$5.1 million.

The transaction was completed on the same day. Following completion, the group will no longer hold any interest in the target company, and the target company will cease to be a subsidiary of the company. The financial position and operating results of the target company will no longer be consolidated into the group's financial statements.

The target company is a limited liability company incorporated in Hong Kong on September 17, 2007. It is principally engaged in financial printing services, marketing peripheral printing services, and design solution services in Hong Kong. The company provides various services to listed companies on the Stock Exchange, potential listing applicants, governments and organizations, fund companies, and Hong Kong insurance companies.

The group's business faced adversity in 2024. Additionally, due to economic uncertainties, listed companies and financial institutions are reducing expenditures on printing services. With the expansion of Hong Kong's paperless listing system, the group expects the financial printing services market to continue shrinking in the near future.

The disposal provides the group with an opportunity to realize its investment in the target company and streamline its business operations. Nevertheless, the group will closely monitor investment opportunities that may arise in the future.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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