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Jia Yao Holdings announced that on August 12, 2026, the company, as the buyer, entered into a sales agreement with the seller and the guarantor to acquire 80% of the total number of issued shares of the target company, at a maximum cost of HK$430 million. The company will distribute and issue up to 20.5 million shares to the seller at the issue price of HK$21 per share. Target Group is mainly engaged in the development and distribution of AI-driven internet games, as well as development, consulting and service provision related to enterprise-level AI application technology. After completion, the target company will become a subsidiary of the company, and its financial results will be comprehensively included in the Group's results. Price shares are equivalent to approximately 3.42% of the company's current issued share capital at the announcement date, and approximately 3.30% of the issued share capital after allotment and expansion of the issuance of consideration shares.
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Jia Yao Holdings announced that on August 12, 2026, the company, as the buyer, entered into a sales agreement with the seller and the guarantor to acquire 80% of the total number of issued shares of the target company, at a maximum cost of HK$430 million. The company will distribute and issue up to 20.5 million shares to the seller at the issue price of HK$21 per share. Target Group is mainly engaged in the development and distribution of AI-driven internet games, as well as development, consulting and service provision related to enterprise-level AI application technology. After completion, the target company will become a subsidiary of the company, and its financial results will be comprehensively included in the Group's results. Price shares are equivalent to approximately 3.42% of the company's current issued share capital at the announcement date, and approximately 3.30% of the issued share capital after allotment and expansion of the issuance of consideration shares.
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