According to the Zhitong Finance App, Biko Group (08220) announced that on October 6, 2026, the seller (Weisheng Co., Ltd., a wholly-owned subsidiary of the company) intends to sell the entire issued share capital of the company (Bigao Cinema Investment Co., Ltd.) to the buyer at a cost of HK$1.

The selling company was an investment company. The sales group is mainly engaged in cinema business in China. After considering the financial performance of the sale of the Group and reviewing its business and operating conditions, the Board considered it appropriate for the Group to proceed with the sale. The sale will enhance the Group's cash flow, enable the Group to improve its liquidity, and reallocate its resources to other existing opportunities.

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