C.banner International Holdings Announces Sale of Entire Stake in Toy Kingdom Hong Kong Limited
Reuters
Sep 29
C.banner International Holdings Announces Sale of Entire Stake in Toy Kingdom Hong Kong Limited
C.banner International Holdings Limited has announced the disposal of its entire equity interest in Toy Kingdom Hong Kong Limited. According to a statement issued by the company, the sale will be carried out under the terms of a Sale and Purchase Agreement entered into on September 29, 2025. The transaction involves the transfer of one ordinary share, representing the entire issued share capital of Toy Kingdom Hong Kong Limited, to the purchaser. Completion of the disposal will take place on the first business day following the satisfaction of all conditions precedent specified in the agreement, or on a date mutually agreed by both parties in writing.
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