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.