Wan Kei Group Holdings Ltd. has reached an agreement for its wholly-owned subsidiary to acquire a 70% stake in House Clover Ventures Limited for HK$2.31 million. House Clover Ventures Limited operates two premium coffee shops in Shanghai under an exclusive distribution and trademark license with a renowned Japanese coffee brand, and also manages an online platform for coffee-related products. Following completion of the acquisition, House Clover Ventures Limited will become a non-wholly-owned subsidiary of Wan Kei Group Holdings Ltd., with its financial results consolidated into the group's financial statements. The move marks Wan Kei Group Holdings Ltd.'s entry into Shanghai’s growing premium coffee retail market.
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. Wan Kei Group Holdings Ltd. 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-20260205-12016721), on February 05, 2026, and is solely responsible for the information contained therein.
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