Omen Wealth Limited entered into the agreement to acquire Meinaide Holdings Group Limited from Furniweb Holdings Limited (SEHK:8480) for HKD 15 million on September 19, 2023. As at 30 June 2023, the net asset value of Meinaide was HKD 16.764 million. The transaction is conditional on Omen being reasonably satisfied with the results of the due diligence exercise, the receipt from Furniweb of all such waivers, consents or other documents as Omen may require in relation to the completion of the deal, no material adverse change or prospective material adverse change in the business of Meinaide and Omen being satisfied that, from the date of the agreement and at any time before the completion, that the Furniweb?s warranties remain true, accurate and not misleading and that no events have occurred that would result in any breach. The transaction is expected to close six months from the signing of the agreement.

Omen Wealth Limited completed the acquisition of Meinaide Holdings Group Limited from Furniweb Holdings Limited (SEHK:8480) on September 30, 2023.