• Build King signed a restructuring framework agreement on July 23, 2026 to acquire about 100% of four Paul Y. construction units.
• Maximum consideration HK$ 100 million; split HK$ 30 million each for PYCC, PYCE; HK$ 20 million each for PYGC, PYEM.
• Completion hinges on court-sanctioned schemes of arrangement; long stop date set at March 31, 2027.
• Post-completion, targets expected to retain mainly construction licences, “Paul Y.” trademarks; other assets, liabilities shifted via restructuring indemnities.
• Build King also agreed to contribute up to HK$ 15 million toward restructuring costs; funding from existing resources.

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. Build King Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260724-12254895), on July 24, 2026, and is solely responsible for the information contained therein.