GBA HOLDINGS (00261) plans to acquire all equity of Feng Yao Capital for HKD 1.5 million.

GBA HOLDINGS (00261) announces that on April 1, 2025, the company (as the buyer), Mr. Zhan Jiachun (the seller), and Fengyao Capital Limited (the target company) have entered into a purchase agreement. The company agrees to acquire, and the seller agrees to sell, shares (i.e. all equity in the target company owned by the seller until completion) for a consideration of approximately HK$1.5 million. The group has been actively seeking suitable investment opportunities in the financial services sector. The company believes that developing artificial intelligence and technology financial solutions can provide customers with more accurate and efficient solutions. The target company is located in a well-known business district in Hong Kong, and the new products are expected to be launched in 2026, potentially significantly enhancing market competitiveness. Therefore, this acquisition opportunity is considered a good investment opportunity and can provide a new source of income for the group.