MBV International Sells 40% Associate Stake to Settle HK$31.4 Million Debt

MBV International Limited ( (HK:1957) ) just unveiled an update.

MBV International has agreed to dispose of a 40% stake in an associate investment holding company, known as the Target Company, for HK$31.41 million to Belcher Ventures Investment Ltd., an independent third party. The Target Company ultimately controls a PRC operating group through a wholly foreign-owned enterprise and VIE contracts, and the transaction is classified as a discloseable transaction under Hong Kong listing rules.

Under the terms signed on 16 February 2026, the sale consideration will be fully offset against an outstanding amount of HK$31.41 million that MBV still owes Belcher from a 2023 acquisition of the same 40% interest. The consideration was set after an arm’s length negotiation and supported by an independent valuation of the Target Group’s 40% equity interest, suggesting the disposal will clean up the company’s payable to Belcher without immediate cash outlay while reshaping its exposure to the associate’s operations.

More about MBV International Limited

MBV International Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through investment holding structures that include a Hong Kong company, a wholly foreign-owned enterprise in China and a contractually controlled operating group. The group uses these layered entities and VIE contracts to exercise effective control and derive economic benefits from its underlying operating businesses.

Average Trading Volume: 629,274

Technical Sentiment Signal: Sell

Current Market Cap: HK$151.3M

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