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DOWWAY (08403.HK) intends to acquire all shares of Yi Network Holdings for 8 million Hong Kong dollars.
Gelonghui, April 28, DOWWAY (08403.HK) announced that on April 28, 2025, the company (as the buyer) entered into a sale agreement with the seller, Innovation Era Technology Limited, pursuant to which the seller conditionally agreed to sell, and the buyer conditionally agreed to purchase the sale shares for a consideration of 8 million Hong Kong dollars (equivalent to the entire issued share capital of the target company, E-Net Holdings Limited) and the sale loan, subject to the terms and conditions of the sale agreement. Upon completion, the target group will become a subsidiary of the company, and the target group’s
Express News | Dowway Holdings - Acquires Entire Share Capital of Yi-Commerce for HK$8 Mln
DOWWAY: ANNUAL REPORT 2024
Express News | Dowway Holdings FY Gross Profit RMB 16.43 Million
Express News | Dowway Holdings FY Gross Margin 11.72%
Express News | Dowway Holdings FY Pretax Profit RMB -6.58 Million