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Black Sesame International Holding Limited ( (HK:2533) ) has shared an announcement.
Black Sesame International Holding Limited has agreed, through its indirectly wholly owned subsidiaries Black Sesame Wuhan and an SPV, to acquire a 60% equity interest in a target company via a combination of equity transfer and capital increase. Under the equity transfer agreement, the group will purchase 32.8435% equity interest (19.5623% of the enlarged equity) for RMB457.8 million and assume unpaid registered capital of RMB133,088, while under the capital increase agreement the SPV will subscribe for new registered capital of RMB20,218,838, representing 40.4377% of the enlarged equity, making the target a non-wholly owned subsidiary whose results will be consolidated into the group’s accounts. The company has also entered into a management agreement with management shareholders and employee partnerships governing the target’s business and performance commitments, and, because the aggregated deal size exceeds the 25% threshold under Hong Kong Listing Rules, the transaction is classified as a major transaction requiring shareholder approval at an extraordinary general meeting, with a circular to be dispatched by March 10, 2026. Completion remains conditional on satisfaction or waiver of conditions in the agreements, and shareholders and investors are cautioned that the transaction may or may not proceed.
The most recent analyst rating on (HK:2533) stock is a Sell with a HK$16.00 price target. To see the full list of analyst forecasts on Black Sesame International Holding Limited stock, see the HK:2533 Stock Forecast page.
More about Black Sesame International Holding Limited
Black Sesame International Holding Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange. Through its subsidiaries and investment vehicles, it engages in equity investments and strategic acquisitions, using special purpose vehicles and transaction structures to expand its portfolio and operational footprint in line with Hong Kong Listing Rules requirements.
Average Trading Volume: 11,757,241
Technical Sentiment Signal: Sell
Current Market Cap: HK$12.18B
For detailed information about 2533 stock, go to TipRanks’ Stock Analysis page.