Zhong Yuhua, Ou Honglian, Zhong Juzhi and Zhong Rongzhi made an offer to acquire 25% stake in Winning Tower Group Holdings Limited (SEHK:8362) for HKD18 million on February 1, 2024. Zhong has undertaken to pay, for and on behalf of the Offerors by his own internal resources, to satisfy the consideration payable under the Offer. Rainbow Capital, as the financial adviser to the Offerors.

The transaction is expected to close on May 6, 2024. Messis Capital Limited acted as the financial advisor to Independent Board Committee.