Yoho Group to Buy J Select Assets for HK$4 Million

MT Newswires Live08-13

Yoho Group Holdings (HKG:2347) agreed to purchase assets related to the brand J Select from Jebsen Consumer Products and Jebsen and Company for a maximum consideration of HK$4.2 million, a Monday filing with the Hong Kong stock exchange said.

The assets to be acquired include inventories, tangible assets like furniture, fixtures and equipment, domain names, social media accounts, trademarks, membership database and all goodwill and intangible assets related to the brand.

The consideration shall be satisfied by cash of up to HK$2.9 million and issuance and allotment of 1,516,000 shares at HK$1 per share to Jebsen Consumer Products.

The company's shares were up nearly 2% on Tuesday's close.

Price (HKD): $0.61, Change: $+0.01, Percent Change: +1.67%

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2459978835?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-13 18:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2459978835","market":"sg","top_or_hot":-1,"title":"Yoho Group to Buy J Select Assets for HK$4 Million","media":"MT Newswires Live","content":"<html><body><p> Yoho Group Holdings (HKG:2347) agreed to purchase assets related to the brand J Select from Jebsen Consumer Products and Jebsen and Company for a maximum consideration of HK$4.2 million, a Monday filing with the Hong Kong stock exchange said.</p><p>The assets to be acquired include inventories, tangible assets like furniture, fixtures and equipment, domain names, social media accounts, trademarks, membership database and all goodwill and intangible assets related to the brand.</p><p>The consideration shall be satisfied by cash of up to HK$2.9 million and issuance and allotment of 1,516,000 shares at HK$1 per share to Jebsen Consumer Products.</p><p>The company's shares were up nearly 2% on Tuesday's close.</p><p>Price (HKD): $0.61, Change: $+0.01, Percent Change: +1.67%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yoho Group to Buy J Select Assets for HK$4 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYoho Group to Buy J Select Assets for HK$4 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-13 18:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yoho Group Holdings (HKG:2347) agreed to purchase assets related to the brand J Select from Jebsen Consumer Products and Jebsen and Company for a maximum consideration of HK$4.2 million, a Monday ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2459978835","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2459978835","pubTimestamp":1723544143,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Yoho Group Holdings  agreed to purchase assets related to the brand J Select from Jebsen Consumer Products and Jebsen and Company for a maximum consideration of HK$4.2 million, a Monday filing with the Hong Kong stock exchange said.The assets to be acquired include inventories, tangible assets like furniture, fixtures and equipment, domain names, social media accounts, trademarks, membership database and all goodwill and intangible assets related to the brand.The consideration shall be satisfied by cash of up to HK$2.9 million and issuance and allotment of 1,516,000 shares at HK$1 per share to Jebsen Consumer Products.The company's shares were up nearly 2% on Tuesday's close.Price : $0.61, Change: $+0.01, Percent Change: +1.67%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4526":"热门中概股","HKD":"尚乘数科","SLCT":"Select Bancorp Inc.","BK4023":"应用软件","BK4585":"ETF&股票定投概念","BK1142":"互联网与直销零售","BK1249":"综合零售","02347":"友和集团"},"translate_title":"Yoho Group将以400万港元收购J Select资产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HKD":1,"SLCT":1,"02347":0.9},"content_text":"Yoho Group Holdings (HKG:2347) agreed to purchase assets related to the brand J Select from Jebsen Consumer Products and Jebsen and Company for a maximum consideration of HK$4.2 million, a Monday filing with the Hong Kong stock exchange said.The assets to be acquired include inventories, tangible assets like furniture, fixtures and equipment, domain names, social media accounts, trademarks, membership database and all goodwill and intangible assets related to the brand.The consideration shall be satisfied by cash of up to HK$2.9 million and issuance and allotment of 1,516,000 shares at HK$1 per share to Jebsen Consumer Products.The company's shares were up nearly 2% on Tuesday's close.Price (HKD): $0.61, Change: $+0.01, Percent Change: +1.67%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2459978835"}