Lin Ho Man entered into the Share Purchase Agreement to acquire 75% stake in HKE Holdings Limited (SEHK:1726) from Eagle Fortitude Limited for approximately HKD 110 million on April 6, 2021. Under the terms, Lin Ho will pay HKD 0.188 per share. After the completion of this transaction Lin Ho will launch a tender offer for remaining 25% stake for HKD 37.6 million. The Consideration will be financed by the Offeror with its internal resources. Transaction is subject to all necessary consents, clearance, BVI legal opinion, due diligence and approvals required to be obtained on the part of the Eagle Fortitude and the Guarantor in respect of the Share Purchase Agreement and the transactions contemplated thereby having been obtained. Long stop date is May 31, 2021. Sorrento Capital Limited and INCU Corporate Finance Limited acted as financial advisor for HKE Holdings. VC Capital Limited acted as financial advisor for Lin Ho.