According to an official announcement dated 6 February 2026, Dadi Education Holdings Limited (Stock Code: 8417) stated that its indirect wholly owned subsidiary, Dadi Education Group, has entered into a sale and purchase agreement with two individual vendors to acquire the entire issued shares of E & A Education Limited for a total consideration of HK$530,000. E & A Education Limited wholly owns and operates a tutorial center under the name Ace Time.
The agreement sets out three main payments, including a deposit of HK$159,000, followed by two subsequent installments. Completion of the acquisition is contingent on conditions such as satisfactory due diligence, transfer of tuition fees, settlement of liabilities, and the submission and approval of relevant applications to the Education Bureau. Upon completion, E & A Education Limited will become a subsidiary of Dadi Education Holdings Limited.
For the year ended 31 December 2025, the target company’s unaudited turnover was HK$1.37 million, with a net loss of HK$25,000 and net assets of HK$239,000. The announcement highlights plans to diversify revenue streams beyond overseas education consultancy, aiming to meet the growing demand for local tutorial services in preparation for overseas studies. The acquisition constitutes a disclosable transaction under the GEM Listing Rules, as the applicable percentage ratios exceed 5% but remain below 25%. The transaction’s final completion is subject to various conditions; therefore, it may or may not proceed as outlined in the announcement.