Dragon Fortune Group Holdings Limited entered into agreement to acquire Modern Success Holdings Limited from Mega Medical Technology Limited (SEHK:876) for HKD 2.8 million on January 24, 2017. Dragon Fortune Group Holdings Limited will acquire shares for HKD 2.79 million and sale loan for HKD 100. The completion of sale shares and sale loan in inter conditional. Modern Success Holdings Limited reported total assets of HKD 10.6 million and net liabilities of HKD 0.028 million as of October 31, 2016. The transaction is expected to close within 14 days from signing of agreement. The proceeds from the acquisition will be used for general working capital by Mega Medical Technology Limited.