FAR International Takes Majority Control of COPE and Hyperlining in Major Deal Completion

An announcement from FAR International Holdings Group Company Limited ( (HK:2516) ) is now available.

FAR International Holdings Group Company Limited has completed the first stage of a major acquisition, becoming the sole shareholder of COPE Holding and Hyperlining Holding after all conditions under the transaction agreement were satisfied. Through these holdings and a direct stake held by FAR Luxembourg Holdings Sarl, the group now controls 51% of COPE and 51% of Hyperlining, turning the target companies into subsidiaries whose financial results will be consolidated into the group’s accounts.

The move marks a significant expansion of FAR International’s consolidated asset base and operational footprint, as majority ownership of COPE and Hyperlining is expected to strengthen its control over these businesses and their contributions to group performance. The company signalled that further announcements will follow on its planned shareholding increase and final equity acquisition steps, indicating a phased strategy to deepen its ownership and potentially reshape its capital structure and earnings profile.

More about FAR International Holdings Group Company Limited

FAR International Holdings Group Company Limited is a Cayman Islands-incorporated company listed in Hong Kong under stock code 2516. The group operates through multiple subsidiaries and uses holding structures, including FAR Luxembourg Holdings Sarl, to manage and consolidate its investments and equity interests in target businesses.

Average Trading Volume: 2,491,789

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.26B

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