VONGROUP (00318) announced that on December 3, 2025, the buyer (VG Investment Assets Holdings Limited, a wholly-owned subsidiary) intends to acquire approximately 6.5% of the equity in Claman Global Limited from the seller (Wilhelm Soeharsono Budihardjo) for HK$8.28 million. The consideration will be settled by issuing 17,431,600 consideration shares under the general mandate. Currently, the company holds about 54.8% of the target company. Upon completion, its stake will increase to approximately 61.3%.
Claman Global Limited primarily engages in providing technology and AI-driven products and services, including but not limited to operating a multifunctional cloud platform for digital management, online registration, payment processing, ticket sales, access control, and e-commerce. Its solutions have been deployed in major international sporting events, local sports activities, trade exhibitions, and live performances, covering both virtual and physical events. The target company is a market leader in advanced technological innovation, with strong R&D capabilities.
The acquisition aligns with VONGROUP’s growth strategy, aiming to maximize economic benefits from its increased stake and demonstrating confidence in Claman’s business development. It reflects the group’s focus on integrating technology with business processes, particularly in fintech, virtual tech, AI, and commercial advanced solutions.
VONGROUP expects to benefit from the enhanced stake through: (a) Growing public-facing activities leveraging Claman’s tech solutions, including high-engagement events like international sports spectacles and digitally demanding performances; (b) The commercial value of Claman’s proven digital platforms, which offer end-to-end services for large-scale events (registration, ticketing, access control, e-commerce); (c) Claman’s innovation in tech products/services; (d) Recognition as the exclusive registration/payment tech provider for major global events; (e) Claman’s financial performance; (f) Scalability and sustainability of its digital platform business model; (g) Projected growth in business prospects; and (h) Synergies with VONGROUP, including cross-selling, expanded market offerings, and operational efficiency.
The acquisition also presents an opportunity for VONGROUP to deepen its exposure to Claman’s tech sector, capitalizing on growth potential and enhancing overall performance.