Latest Announcements & 2026 Annual Report Summary – MAJOR HOLDINGS LIMITED (1389.HK)

2026-10-12

Max Premier Limited (62% and 38% beneficial owned by Ms. Zhao Chuanrong and Mr. Chen Jixiang respectively) acquired 298,092,515 shares, representing 53.77% of the issued share capital, from Silver Tycoon Limited, being the Vendor (wholly-owned by Mr. Cheung Chun To) for a total cash consideration of HK $102,163,000, (equivalent to approximately HK $0.3428 per share held for sale); Offer price: HK $0.3428

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Major Holdings Limited (the "Company", together with its subsidiaries collectively referred to as the "Group" or "we") is mainly engaged in the sale and distribution of premium wine and spirits products and wine accessory products in Hong Kong.

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In our opinion, the consolidated financial statements give a true and fair view of the consolidated financial position of the Group as at 31 March 2026, and of its consolidated financial performance and its consolidated cash flows for the year then ended in accordance with Hong Kong Financial Reporting Standards Accounting Standards issued by the Hong Kong Institute of Certified Public Accountants ("HKICPA") and have been properly prepared in compliance with the disclosure requirements of the Hong Kong Companies Ordinance.

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The Group’s financial position remains good and sound, and the Group has sufficient liquidity, including available cash and bank balances, to meet its funding requirements.

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Source:HKEXnews

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