Ho his family, Ho Po Chu and others entered into the agreement to acquire Full Benefit Global Holdings Limited from Karrie International Holdings Limited (SEHK:1050) for HKD 51 million on January 12, 2018. Post transfer, Full Benefit Global Holdings Limited will cease to be a subsidiaries of Karrie International Holdings Limited. Under the transaction, Karrie International Holdings Limited proposes to pay the Special Dividend of HKD 2.55 per share to the Shareholders and this is subject to Board approval. During the Financial year ended March 2017, Full Benefit Global Holdings Limited reported net loss of HKD 21.34 million. The transaction is expected to be completed on March 31, 2018.