Ace Way Global Limited entered into sale and purchase agreement to acquire 67.96% stake in ITC Corporation Limited (SEHK:372) from Chan Kwok Keung for approximately HKD 600 million on January 23, 2017. Ace Way Global will acquire 1147.4 million at an offer per share of HKD 0.52. Ace Way Global Limited completed the acquisition of 67.96% stake in ITC Corporation Limited (SEHK:372) from Chan Kwok Keung on January 24, 2017.