Lam Ching Wan entered into a sale and purchase agreement to acquire 28.77% stake NNK Group Limited (SEHK:3773) from Fun Charge Technology Limited, Happy Charge Technology Limited and Enjoy Charge Technology Limited on October 26, 2021. Under the agreement, Lam Ching Wan will acquire 119.4 million shares and upon completion, both Enjoy Charge and Happy Charge will cease to hold any shares in the Company, whilst the shareholding of Fun Charge in the Company will decrease from 94.5 million shares of the Company to 64.5 million shares of the Company. Each of the Disposals is subject to the satisfaction and/or waiver of certain conditions precedent to the respective sale and purchase agreement.