Combest Holdings Limited (SEHK:8190) agreed to acquire 51% in Ultra Rich Global Limited for HKD 170 million on April 1, 2017. The consideration will be paid in cash on completion. The deal is subject to financial, legal and business due diligence by Combest Holdings Limited, all necessary approvals and permits having been obtained. Grand Harbour Corporate Finance Limited acted as financial advisor for Combest Holdings Limited. Combest Holdings Limited (SEHK:8190) completed the acquisition of 51% stake in Ultra Rich Global Limited on April 12, 2017.