On January 20, 2026, SRCIM, a wholly-owned subsidiary of SEAZEN, entered into Share Sale Agreement A and Share Sale Agreement B with the buyer, Peak Capital Holdings Limited. Under these agreements, SRCIM conditionally agreed to sell, and the buyer conditionally agreed to purchase, the entire issued share capital of Target Company A (New Town Peak Asset Management Limited) and the entire issued share capital of Target Company B (New Town Peak Securities Limited), for considerations of HK$25.23 million and HK$62.82 million, respectively. Pursuant to Share Sale Agreement A, SRCIM conditionally agreed to sell, and the buyer conditionally agreed to purchase, the entire equity interest of Target Company A. According to Share Sale Agreement B, SRCIM conditionally agreed to sell, and the buyer conditionally agreed to purchase, the entire equity interest of Target Company B. The Board of Directors believes that the disposals will enable the Group to optimize its resources and streamline its corporate structure, particularly considering that the target companies have no significant business operations, recorded an overall loss for the year ended December 31, 2024, and achieved only minimal profit for the year ended December 31, 2025. The disposals will allow the Group to reallocate its financial resources to its primary business operations as a property developer or to other future business developments.
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