Easyknit International Holdings announces share purchase agreement for very substantial disposal

Reuters

Oct 10

Easyknit International Holdings announces share purchase agreement for very substantial disposal

Easyknit International Holdings Ltd. announced that its wholly-owned subsidiary, Easyknit Properties, has entered into a sale and purchase agreement with Eminence. Under the agreement, Easyknit Properties will sell the entire issued share capital of Mark Profit, an indirect wholly-owned subsidiary, for approximately HK$268.4 million, to be settled by the issuance of a 2025 Convertible Note. The transaction constitutes a very substantial disposal and is subject to shareholder approval.

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. Easyknit International Holdings Ltd. published the original content used to generate this news brief on October 10, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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