M&A
confidence high
sentiment neutral
materiality 0.65
Greenpro Capital completes sale of F&A Entities for HK$3,500,000 (~US$446,486) to director Chen Yanhong
Greenpro Capital Corp.
- Sold Greenpro Resources (HK), Falcon Corporate Services, Greenpro Financial Consulting and three Shenzhen entities for HK$3,500,000 (~US$446,486) cash.
- Buyer Chen Yanhong is a director of GMCSZ, SZFFC, GFCSZ and FCS and holds 14 shares of the Company.
- Intercompany balances waived at closing, reducing additional paid-in capital by $5,303,075; estimated loss on sale $130,679.
- F&A Entities to be reported as discontinued operations starting Q3 2026; pro forma net loss for six months ended June 30, 2026 was $453,632.
- 1-for-10 reverse stock split effective August 6, 2026, cut shares from 18,127,663 to 1,812,758.