Sinomax Group Ltd. has announced a further subscription of shares in a target company through its wholly-owned subsidiary. The transaction involves the Subscriber, M Logistical, and the Target Company entering into a Subscription Agreement, whereby the Target Company will issue additional shares to the Subscriber for a consideration of EUR5 million, approximately HK$45.9 million. This follows a previous subscription announced on 14 October 2024. Additionally, the Target Group has secured certain rights to sell and manufacture goods incorporating licensed property, as detailed in agreements with the Licensor and its affiliates.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinomax Group Ltd. published the original content used to generate this news brief on August 05, 2025, and is solely responsible for the information contained therein.