M&A: Fenbo Holdings Ltd
Form Type: SCHEDULE 13D
Filing Date: 2024-12-31
Corporate Action: Acquisition
Type: New
Accession Number: 000149315224052630
Comments: On November 29, 2024, Mr. Huang Hongwu and Ms. Wang Xuefei, through their company Luxury Max Investments Limited, entered into stock purchase agreements to acquire total ownership of LMIL, the record owner of 8,000,000 ordinary shares of Fenbo Holdings Limited. Mr. Huang purchased 6,000 ordinary shares of LMIL, representing 60% interest, for a total of USD 2,700,000, while Ms. Wang purchased the remaining 4,000 shares for USD 1,800,000. This acquisition grants both Mr. Huang and Ms. Wang shared voting and dispositive power over the issuer's shares. The reporting persons retain plans to change their purpose regarding their holdings, in compliance with applicable laws. The joint filing agreement among the reporting persons for this Schedule 13D is documented, ensuring their collective reporting responsibilities.
Document Link: View Document
Additional details:
Reporting Person Name: Mr. Huang Hongwu
Reporting Person Name: Ms. Wang Xuefei
Record Owner Name: Luxury Max Investments Limited
Total Shares Acquired: 8000000
Ownership Percentage: 72.3
Purchase Price Huang: 2700000
Purchase Price Wang: 1800000
Joint Filing Agreement: Exhibit 99.1