Sau San Tong Holdings clarifies HK$10.8 million target acquisition valuation basis

• Sau San Tong issued a supplemental clarification on its 25 June 2026 acquisition of a target company, flagging a connected transaction at subsidiary level.
• A vendor subsidiary holds 25% of Sau San Tong Investment Holdings, making the vendor a connected person under GEM rules.
• Consideration stays at HK$ 10.8 million, based on a property valuation of HK$ 10.2 million plus about HK$ 0.6 million net assets.
• Independent valuation by Vincorn Consulting valued the 923 sq ft office at about HK$ 10.2 million using market comparables.
• Vendor’s original acquisition cost for the property was HK$ 16.5 million; ultimate beneficial owner identified as Victor Chang Tin Duk.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sau San Tong Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260814-12285025), on August 14, 2026, and is solely responsible for the information contained therein.