Wong King Keung, Chan Wing Yiu, Tong Sai Wong, Chan Wing Lun and Cheng Kai Ming Charles entered into sale and purchase agreement to acquire 57.12% stake in i-Control Holdings Limited (SEHK:1402) from Zhong Naixiong for approximately HKD 140 million on April 3, 2024. Under the terms, HKD 138 million will be paid for acquisition of 600 million shares of i-Control Holdings. Diligent Capital Limited and Red Sun Capital Limited acted as financial advisor to buyers.

Wong King Keung, Chan Wing Yiu, Tong Sai Wong, Chan Wing Lun and Cheng Kai Ming Charles completed the acquisition of 57.12% stake in i-Control Holdings Limited (SEHK:1402) from Zhong Naixiong on July 2, 2024.