Huanghe Industrial (00318) plans to acquire about 6.5% of Claman Global Limited's shares for HK$8.28 million and increase its shareholding to about 61.3%

Zhitong Finance App News, Huanghe Industrial (00318) announced that on December 3, 2025, the buyer (VG Investment Assets Holdings Limited, a wholly-owned subsidiary of the company) intends to acquire approximately 6.5% of the target company (Claman Global Limited)'s shares from the seller (Wilhelm Soeharsono Budihardjo) at a cost of HK$8.28 million. It will allocate and issue 17.4.316 million in accordance with a general license Stock price Shares are recorded in the account for full payment. The company currently holds approximately 54.8% of the target company's shares. After completion, the company will hold approximately 61.3% of the target company's shares.

The target company's main business is to provide technology and artificial intelligence products and services, including but not limited to operating multi-functional cloud platforms for digital management, online registration, payment processing, ticket sales, admission control management, and e-commerce. Its technology products and services have been used in major international sporting events, local sports events, trade shows and live performances, covering virtual and physical events. The target company is one of the market leaders in advanced technological innovation, and has strong technological, research and development capabilities.

This acquisition allows the Group to further maximize the economic benefits generated by the company's holding interests in the target company, and reflects the Group's confidence in the target company's business development. The acquisition is part of the Group's continued growth strategy to seek investment opportunities that strengthen the Group's focus on integrating technology and business processes, particularly in fintech, virtual technology, artificial intelligence and advanced commercial technology solutions.

The company expects to benefit from the increased equity of target companies through this acquisition, such as: (a) the increasing number of public-facing activities involving the target company's technology products and services, including various high-participation events, such as major international sporting events, live performances, and events that require high digital technology for event management; (b) such platforms provide comprehensive technology services for large-scale events, including registration, ticketing, admission management, entry control and e-commerce; (c) the target company's technology products and Innovative capabilities in services; (d) recognition of the target group of companies by being appointed as the exclusive registration and payment technology provider by major internationally renowned events; (e) the financial performance of the target company; (f) the degree of scalability and sustainability of the target company's business model as a digital platform; (g) the expected growth of the target company's business prospects in view of the above; and (h) the enhanced synergetic benefits expected by the company and the target company, including cross-selling services, improving integrated market supply and improving operational efficiency. Furthermore, the acquisition provided the Group with a good opportunity to increase its shareholding in the target company's technology sector to seize growth opportunities and enhance the Group's overall performance.