Jakota Capital Terminates Majority Stake Acquisition in Swiss Investment Advisory Firm

MT Newswires Live03-09

Jakota Capital (Holding) Group (HKG:1468) terminated the previously proposed acquisition of an 80% interest in Swiss advisory firm Jakota Capital AG, according to a Hong Kong bourse filing Friday.

Shares of the insurance company fell nearly 27% in morning trade Monday.

The group, formerly known as Kingkey Financial International, said it was terminating the acquisition in view of the overall market environment and future business development direction of the group.

Jakota Capital previously said it would acquire the stake from Nobias Media at a maximum consideration of HK$103 million.

The termination will not have any material adverse effect on the company's business, Jakota Capital said.

Meanwhile, in a separate announcement, Jakota Capital said its board proposed a share consolidation on the basis of one consolidated share for every five existing shares held in the company.

The firm will call a meeting of shareholders to seek approval for the proposed share consolidation.

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/2618619956?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-09 11:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2618619956","market":"us","top_or_hot":-1,"title":"Jakota Capital Terminates Majority Stake Acquisition in Swiss Investment Advisory Firm","media":"MT Newswires Live","content":"<html><body><p> Jakota Capital (Holding) Group (HKG:1468) terminated the previously proposed acquisition of an 80% interest in Swiss advisory firm Jakota Capital AG, according to a Hong Kong bourse filing Friday.</p><p>Shares of the insurance company fell nearly 27% in morning trade Monday.</p><p>The group, formerly known as Kingkey Financial International, said it was terminating the acquisition in view of the overall market environment and future business development direction of the group.</p><p>Jakota Capital previously said it would acquire the stake from Nobias Media at a maximum consideration of HK$103 million.</p><p>The termination will not have any material adverse effect on the company's business, Jakota Capital said.</p><p>Meanwhile, in a separate announcement, Jakota Capital said its board proposed a share consolidation on the basis of one consolidated share for every five existing shares held in the company.</p><p>The firm will call a meeting of shareholders to seek approval for the proposed share consolidation.</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>Jakota Capital Terminates Majority Stake Acquisition in Swiss Investment Advisory Firm</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\">\nJakota Capital Terminates Majority Stake Acquisition in Swiss Investment Advisory Firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-09 11:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Jakota Capital (Holding) Group (HKG:1468) terminated the previously proposed acquisition of an 80% interest in Swiss advisory firm Jakota Capital AG, according to a Hong Kong bourse filing Friday.</p><p>Shares of the insurance company fell nearly 27% in morning trade Monday.</p><p>The group, formerly known as Kingkey Financial International, said it was terminating the acquisition in view of the overall market environment and future business development direction of the group.</p><p>Jakota Capital previously said it would acquire the stake from Nobias Media at a maximum consideration of HK$103 million.</p><p>The termination will not have any material adverse effect on the company's business, Jakota Capital said.</p><p>Meanwhile, in a separate announcement, Jakota Capital said its board proposed a share consolidation on the basis of one consolidated share for every five existing shares held in the company.</p><p>The firm will call a meeting of shareholders to seek approval for the proposed share consolidation.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1181","symbol_name":"经销商","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2618619956","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618619956","pubTimestamp":1773028756,"columns":[],"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":"Jakota Capital  Group  terminated the previously proposed acquisition of an 80% interest in Swiss advisory firm Jakota Capital AG, according to a Hong Kong bourse filing Friday.Shares of the insurance company fell nearly 27% in morning trade Monday.The group, formerly known as Kingkey Financial International, said it was terminating the acquisition in view of the overall market environment and future business development direction of the group.Jakota Capital previously said it would acquire the stake from Nobias Media at a maximum consideration of HK$103 million.The termination will not have any material adverse effect on the company's business, Jakota Capital said.Meanwhile, in a separate announcement, Jakota Capital said its board proposed a share consolidation on the basis of one consolidated share for every five existing shares held in the company.The firm will call a meeting of shareholders to seek approval for the proposed share consolidation.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1181":"经销商","BK1138":"综合性资本市场","01468":"嘉高达资本"},"translate_title":"Jakota Capital终止收购瑞士投资咨询公司多数股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01468":1},"content_text":"Jakota Capital (Holding) Group (HKG:1468) terminated the previously proposed acquisition of an 80% interest in Swiss advisory firm Jakota Capital AG, according to a Hong Kong bourse filing Friday.Shares of the insurance company fell nearly 27% in morning trade Monday.The group, formerly known as Kingkey Financial International, said it was terminating the acquisition in view of the overall market environment and future business development direction of the group.Jakota Capital previously said it would acquire the stake from Nobias Media at a maximum consideration of HK$103 million.The termination will not have any material adverse effect on the company's business, Jakota Capital said.Meanwhile, in a separate announcement, Jakota Capital said its board proposed a share consolidation on the basis of one consolidated share for every five existing shares held in the company.The firm will call a meeting of shareholders to seek approval for the proposed share consolidation.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.37.0","shortVersion":"4.37.0","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/2618619956","isCrawlerRequest":true}