IBI GROUP HLDGS (01547) announced on October 24, 2025 (after trading hours) that the seller, IBI Group Limited, a wholly owned indirect subsidiary of the company, has entered into a share purchase agreement with Mr. Yan Jian Song, the buyer. Under this agreement, the seller will sell shares representing 80% of the issued share capital of Building Solutions Limited to the buyer for HKD 1.5 million. As of the date of this announcement, the buyer holds 2,000 ordinary shares in the target company, accounting for 20% of its issued share capital. Upon completion, the target company will become wholly owned by the buyer, and its financial performance will no longer be consolidated in the group’s financial statements. The shares for sale include all 8,000 ordinary shares held by the seller in the target company, representing 80% of its issued share capital. The target company is a limited company established in Hong Kong that primarily provides products and services to enhance performance and well-being in building environments, focusing on improving air quality in workspaces and offering modern sustainable building materials. After considering the financial performance, business, and operational status of the target company, the board believes that the sale is appropriate for the group to refocus on its core business. This divestment will enable the group to streamline its business structure and concentrate resources on existing core business divisions, thereby enhancing operational efficiency and strengthening its financial position for sustainable growth.