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Saturday, March 21st, 2026

Combine Will International Holdings Announces Sale of Quoted Securities Pursuant to SGX Rule 704(18)(b)

Combine Will International Holdings Announces Sale of Quoted Securities

Combine Will International Holdings Limited Completes Sale of Quoted Securities

Key Highlights

  • Sale Completion Date: 25 February 2026
  • Aggregate Cost of Sold Securities: HK\$54,865,000
  • Total Market Value at Time of Sale: HK\$55,874,755
  • Proportion of Net Tangible Assets (NTA): The aggregate cost represented 7.34% of the Group’s latest audited consolidated NTA as at 31 December 2024 (NTA: HK\$747,945,000)
  • Provision for Diminution: No provision was made for any diminution in value of these investments

Details of the Transaction

Combine Will International Holdings Limited (“the Company” or “the Group”) has announced that it has completed the sale of its entire holding of quoted securities as of 25 February 2026. Prior to the sale, these securities had an aggregate cost of HK\$54,865,000 and a market value of HK\$55,874,755.

This transaction is significant as the investment in these securities previously accounted for 7.34% of the Group’s consolidated net tangible assets as per the latest audited figures dated 31 December 2024. After the sale, the Group no longer holds any quoted securities.

No provision for diminution in value was required, indicating that the investments were not impaired at the time of disposal.

Potential Impact on Shareholders and Share Price

Shareholders should note:

  • The sale of all quoted securities could have a material impact on the Group’s asset composition and potentially its investment income streams.
  • The transaction may suggest a strategic shift in the Group’s capital allocation or risk profile, as liquidating such a significant portfolio (7.34% of NTA) could free up resources for other investments or operational needs.
  • The disposal occurred at a slight gain, with the market value exceeding the aggregate cost by approximately HK\$1 million, which may positively impact the Group’s earnings for the relevant period.

This announcement is considered price sensitive and could influence the share price depending on how investors interpret the rationale behind the divestment and the Company’s future plans for redeploying the capital.

Board Statement

The announcement was made by Mr. Chiu Hau Shun, Simon, Chief Executive Officer, on behalf of the Board.

Conclusion

The completion of this sale marks a significant change in the Group’s investment portfolio and financial position. Investors are encouraged to monitor further announcements for details on how the proceeds will be utilized and any strategic changes in the Group’s business direction.


Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult with a professional advisor before making investment decisions based on this information. The author and publisher are not responsible for any losses that may arise from reliance on the information provided herein.


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