Proposed Disposal of Subsidiaries Under Precision Business Division / 擬議處分隸屬精密企業部之子公司
The Board of Directors of Regal International Group Ltd. (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that its wholly owned subsidiary under the Precision Business Division, Hisaka International Holdings Pte. Ltd. (“HIHPL”) has on 27 May 2016 entered into two sale and purchase agreements (the “SPAs”) with Mr Yap Ah Seng, Alvin (the “Purchaser”) for the disposal of HIHPL’s entire equity interests in its subsidiaries Hisaka Mechatronic (Suzhou) Co. Ltd. (“HMS”) and Tech Motion (Shanghai) Co. Ltd (“TMS”, and collectively with HMS, the “Targets”) to the Purchaser (collectively, the “Proposed Disposals”).
Regal International Group Ltd.（簡稱“公司”及旗下所有子公司統稱“集團”）的董事會僅此宣佈，其精密企業部之全資子公司Hisaka International Holdings Pte. Ltd. (簡稱“HIHPL”)已於2016年5月27日與Yap Ah Seng, Alvin先生（簡稱“買方”）訂立兩項買賣協議（簡稱“買賣協議”），即HIHPL處分其全數利益之子公司Hisaka Mechatronic (Suzhou) Co. Ltd. (簡稱“HMS”)以及Tech Motion (Shanghai) Co. Ltd (簡稱“TMS”, 連同HMS, 統稱 “目標公司”) (簡稱“擬議處分事項”)。
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