LEVER STYLE (01346): LFX Growth Capital acquires 44,008,000 shares of common stock in the company.
Li Hua Holdings Group (01346) announces that Fung Trinity Holdings L...
LEVER STYLE (01346) Announcement, Fung Trinity Holdings Limited (Fung Trinity Holdings) notified the Company that it holds 44,008,000 ordinary shares of the Company, accounting for approximately 6.88% of the total number of issued shares of the Company as of the date of this announcement. It has entered into a purchase agreement with LFX Limited (LFX)'s wholly-owned subsidiary LFX Growth Capital Limited (LFX Growth Capital). Fung Trinity Holdings has sold and LFX Growth Capital has purchased 44,008,000 ordinary shares of the Company. These shares account for approximately 6.88% of the total number of issued shares of the Company as of the date of this announcement. Prior to the transaction, LFX did not hold any shares of the Company.
As far as the directors are aware, LFX seeks to develop, expand, and invest in leading companies in the global value chain using its data insights, operational expertise, investment resources, and network channels to achieve sustainable development in the future. The Company believes that the Group and LFX can mutually benefit from each other. The Company can gain access to innovative value chain technology networks and digital and platform-based technological solutions, while LFX can expand its ecosystem through collaboration with the Group.
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