Empire Charm Limited entered into a sale and purchase agreement to acquire 16% stake in Hengdeli Holdings Limited (SEHK:3389) from Best Growth International Limited for approximately HKD 100 million on August 23, 2023. As per the transaction, Empire Charm Limited will acquire 704.6 million shares of Hengdeli Holdings Limited at HKD 0.145 per share.

Empire Charm Limited completed the acquisition of 16% stake in Hengdeli Holdings Limited (SEHK:3389) from Best Growth International Limited on August 25, 2023.