Sau San Tong Holdings Limited announced that its indirect wholly owned subsidiary, Smart Tech Management Limited, signed a sale-and-purchase agreement on 25 June 2026 to acquire 100% of Natural Yield Limited—including all shareholder loans—for HK$10.80 million in cash.

The target company owns a 1,328-square-foot commercial office on a floor of Universal House, 229-230 Gloucester Road, situated between Wan Chai and Causeway Bay MTR stations. An independent valuer assessed the property at HK$10.20 million as of 25 June 2026. Natural Yield’s unaudited net asset value, excluding the property, stood at approximately HK$0.60 million on 30 May 2026.

Payment terms call for a HK$1.62 million deposit—already paid—and a HK$9.18 million balance on or before completion, scheduled for 31 July 2026. Funding will come from internal resources. Upon completion, Natural Yield will become an indirect wholly owned subsidiary and its results will be consolidated.

For the years ended 31 March 2025 and 2026, Natural Yield recorded no turnover, with profit of HK$55,000 in 2025 and a loss of HK$40,000 in 2026.

The transaction is classified as a discloseable and connected transaction under GEM Listing Rules: percentage ratios exceed 5% but remain below 25%. Because the vendor—EJE (Hong Kong) Holdings Limited—is a connected person at the subsidiary level, Sau San Tong’s board (including all independent non-executive directors) confirmed the deal is on normal commercial terms, fair and reasonable, and beneficial to shareholders. Accordingly, only reporting and announcement requirements apply; no circular, independent financial advice or shareholder approval is required.

Sau San Tong expects the acquisition to reduce reliance on leased premises, shield the group from rental volatility and provide space to support future business expansion.