Pangaea Connectivity Takes 40% Stake in Target Company Through US$1 Million Share Subscription
Pangaea Connectivity Technology Ltd has announced a connected transaction involving a strategic shareholders' agreement dated 16 December 2025. Under the agreement, Pangaea Investment Limited, a wholly owned subsidiary of the company, and Mile Green will invest in and manage a target company. Mile Green will subscribe for 6,000 shares in the target company for US$1,500,000, while Pangaea Investment will subscribe for 8,000 shares for US$1,000,000. Upon completion of the subscriptions, scheduled for 30 April 2026, Mile Green and Pangaea Investment will hold 60% and 40% of the target company's issued share capital, respectively. The agreement also includes a put option allowing Pangaea Investment to require Mile Green to purchase its shares in the target company under specified terms.
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. Pangaea Connectivity Technology Ltd- published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251216-11957679), on December 16, 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.