Xin Yingmei and Wang made an offer to acquire remaining 51.8% stake in Sinosoft Technology Group Limited (SEHK:1297) from Alibaba.com Limited and others for HKD400 million on December 14, 2023. The Offeror intends to finance the entire cash consideration payable under the Scheme with external debt financing. Rainbow Capital, the financial adviser to the Offeror, is satisfied that sufficient financial resources are available to the Offeror for satisfying its payment obligations.