FINGERTANGO (06860) announced that on December 30, 2025, the company entered into a sale agreement with the buyer, Hillock Investment Holdings Limited, pursuant to which the company agreed to sell and the buyer agreed to acquire the sale shares (comprising 59,672.888 L Shares) for a cash consideration of HK$89 million. The Fund is an exempted segregated portfolio company incorporated in the Cayman Islands on July 20, 2016, with an authorized share capital of US$100,000, divided into one management share with a par value of US$1.00 and 9,999,900 participating shares. This specific segregated portfolio is one of the portfolios established by the Fund, and its investment objective is to provide investors with stable total returns by offering loans to suitable investment targets, combining current income with capital appreciation. In light of the increasing uncertainty and volatility in the global economic environment, the Board conducted a comprehensive review of the company's investment performance and risk-return profile within the Fund. Following this review, the Board determined that the sale represents a prudent and optimal opportunity to reduce the investment portfolio's risk and realize investment gains. The disposal enables the company to capitalize on current buyer interest, locking in gains at a premium to the original cost, rather than speculating on an uncertain future outlook. Furthermore, the sale allows the company to reallocate capital from this non-core fund investment to support its principal business operations, which the Board believes will enhance the Group's overall earnings profile and long-term growth prospects. The sale shares were originally subscribed for by the Group at a cost of US$127.969 per L Share, with a total original subscription cost of approximately US$7.64 million. The consideration for the sale is HK$89 million, representing an aggregate gain of approximately HK$29.55 million over the original investment cost of the sale shares. Upon completion of the transaction, the company will no longer hold any interest in the Fund. The company intends to use the net proceeds from the sale, amounting to approximately HK$88 million, for the Group's existing mobile game business in China, including but not limited to game licensing and acquisitions, development of new and existing games, promotion and distribution of platform games, and ongoing support and operation of games. The Board is optimistic that this strategic redeployment of capital from a non-core fund investment will help strengthen the Group's core operations, enhance overall profitability, and support its long-term growth. As of the date of this announcement, the company has not entered into any binding agreements for specific game acquisitions, nor has it identified any definitive acquisition targets.
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