BINGO GROUP (08220) subsidiary intends to sell its entire equity interest in Bingo Cinema Investment

BINGO GROUP (08220) announced that on October 6, 2026, the seller (Wai Shing Limited, a wholly-owned subsidiary of the Company) intends to sell the entire issued share capital of the target company (Bingo Cinema Investment Limited) to the buyer for a consideration of HK$1. The target company is an investment company. The target group is principally engaged in the cinema business in China. After considering the financial performance of the target group and reviewing its business and operating conditions, the Board considers it appropriate for the Group to proceed with the Disposal. The Disposal will strengthen the Group's cash flow, enable the Group to improve its liquidity, and allow it to reallocate its resources to other existing opportunities.