An unknown buyer entered into a share sale and purchase agreement to acquire 12.5% stake in Global Energy Resources International Group Limited (SEHK:8192) from Shi Guang Rong, a non-executive Director of Global Energy Resources International Group Limited for HKD 46.6 million on January 23, 2018. Under the terms of the agreement, 129.55 million shares of Global Energy Resources International Group Limited will be acquired at HKD 0.36 per share. Upon completion, Shi Guang Rong will cease to hold any issued shares of Global Energy Resources International Group Limited. The transaction completion is expected to take place on January 31, 2018. An unknown buyer cancelled the acquisition of 12.5% stake in Global Energy Resources International Group Limited (SEHK:8192) from Shi Guang Rong, a non-executive Director of Global Energy Resources International Group Limited on January 23, 2019.