OKC Holdings Corporation acquired 60.5% stake in LEAP Holdings Group Limited (SEHK:1499) from Anthony Wong for approximately HKD 480 million on January 10, 2019. The consideration is payable in cash. OKC Holdings Corporation will acquire 3.18 billion shares of LEAP Holdings Group Limited at the price of HKD 0.152 per share. As consideration, a deposit of HKD 75 million shall be paid as first installment and remaining amount shall be settled with in one year from the date of completion. Veda Capital Limited acted as financial advisor to OKC Holdings Corporation. OKC Holdings Corporation completed the acquisition of 60.5% stake in LEAP Holdings Group Limited (SEHK:1499) from Anthony Wong on January 14, 2019.