Onpress PCB Limited entered into Sale and Purchase Agreement to acquire Gainbase Industrial Limited from Cosmos Machinery Enterprises Limited (SEHK:118) for HKD 1 on October 16, 2023. Gainbase Industrial Limited reported Net liabilities of HKD 4.85 million in August 31 ,2023. transaction is subject to approval from Onpress PCB Limited's shareholders and completion of separate agreement.

Transaction is expected to complete on November 1, 2023.