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Future World Holdings (00572) sells 278 million pre-merger shares and 5.5805 million post-merger shares of Xiaoyu

Zhitongcaijing·01/02/2026 14:41:08
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According to Zhitong Finance App, Future World Holdings (00572) announced that in a series of transactions carried out from June 9, 2025 to January 2, 2026, the Group has sold 278 million pre-merger shares and 5.5805 million shares of Xiaoyu's consolidated shares on the open market. The total cost is approximately HK$7.437 million (not including transaction costs).

The Group purchased Xiaoyu shares for investment purposes. Notably, the trading price of Xiaoyu Shares has fluctuated over the past few years. Due to the sale and based on the book value of the sale of shares, it is expected that approximately HK$1,976,000 (excluding stamp duty and related transaction expenses) will be recognized in the Group's financial statements. This is calculated based on the difference between the book value of the sale of the shares and the total proceeds from the sale of the sale (excluding transaction costs). The company believes that the sale provides an opportunity for the Group to reallocate resources and investment portfolios. The net proceeds from the sale of approximately HK$7.4 million will be used as the Group's general working capital.