Prosperous Future Holdings Limited (01259) said its subsidiary Bloom Team Development Limited has agreed to buy the remaining 90% of the issued shares in each of Goldenway Investments and Goldenway Asset Management at the consideration of HK$26.42 million and HK$1.55 million respectively.
Goldenway Investments is licensed with the SFC to carry on Type 1 (dealing in securities), Type 2 (dealing in futures contracts) and Type 3 (leveraged foreign exchange trading) regulated activities under the SFO; and Goldenway Asset Management is licensed with the SFC to carry on Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO. The licence for Type 3 (leveraged foreign exchange trading) regulated activities under the SFO shall be surrendered to the SFC prior to completion.