MA Rui entered into a letter of intent to acquire 75% of stake in Rimbaco Group Global Limited (SEHK:1953) from Rbc Venture Limited on August 8, 2022. MA Rui will pay a non refundable deposit in the amount of HKD 20 million as part of consideration.

MA Rui cancelled the acquisition of 75% of stake in Rimbaco Group Global Limited (SEHK:1953) from Rbc Venture Limited on November 17, 2022.