Hony Media Group Sells Wholly-Owned Subsidiary for HK$1

Reuters

Jan 30

<a href="https://laohu8.com/S/00419">Hony Media</a> Group Sells Wholly-Owned Subsidiary for HK$1

Hony Media Group has entered into an agreement to sell its wholly-owned subsidiary, with the consideration for the transaction set at HK$1. Upon completion, the subsidiary and its related companies will cease to be part of Hony Media Group, and their financial results, assets, and liabilities will no longer be consolidated into the group’s financial statements. The company’s board stated that the transaction terms are fair and reasonable, aligning with the interests of the company as a whole.

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. Hony Media Group 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-20260130-12006710), on January 30, 2026, 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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