Sunlight Real Estate Investment Trust (SEHK:435) entered into a share sale purchase Agreement to acquire Victory Wave Limited from Hinex Development Limited for HKD 748 million on January 11, 2023. The consideration is subject to some Adjustment. The deal is expected to be completed on April 13, 2023.

Sunlight Real Estate Investment Trust (SEHK:435) completed the acquisition of Victory Wave Limited from Hinex Development Limited for approximately HKD 740 million on April 13, 2023. Pursuant to the sale and purchase agreement, Hinex Development has paid to the Sunlight Real Estate Investment the post-completion adjustment of approximately HKD 1.7 million on June 15, 2023. The consideration, after the post-completion adjustment was approximately HKD 737.3 million.