S.F. Holding and J&T in HK$8.3 Billion Cross-Share Subscription to Deepen Strategic Ties

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S.F. Holding and J&T agreed to a reciprocal share subscription worth HK$8.3 billion each.

The cross-holdings will give S.F. about 8.45% of J&T and J&T about 4.29% of S.F., pending satisfaction of conditions.

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