BETTERLIFE HLDG (06909): Transactions Under Debt Assignment Agreement and Debt-for-Assets Agreement Completed

Stock News

Aug 04

BETTERLIFE HLDG (06909) announced that regarding the debt assignment agreement entered into between Beijing Betterlife Group and Mengshang Bank, as well as the debt-for-assets agreement entered into among Beijing Betterlife Group, the debtor, and Ms. Yu Yao, the transactions contemplated under the debt assignment agreement and debt-for-assets agreement were completed on August 4, 2025. Upon completion, Beijing Betterlife Group now enjoys the creditor's rights; Aurora Real Estate has become an indirect wholly-owned subsidiary of the Company, and its financial results will be consolidated into the Company's financial statements; the relevant properties are now legally owned by the Group; and all target businesses are now legally owned by the Group.

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