Back 22 Dec 2025

Net Pacific Holdings Completes Acquisition of Industrial Land Use Right in Guangdong via 51%-Owned Subsidiary

Link: https://links.sgx.com/1.0.0/corporate-announcements/9EX8OCQ4MHYHS8F3/9c514bac7a4b080fa2f8afdaa876431cb7cc14e1f6267e62682185107bc2e937

Summary:

  • Net Pacific Holdings’ 51%-owned subsidiary, Saint Pearl Travel Products (Guangdong) Co., Ltd., has completed the acquisition of a leasehold industrial land use right, as earlier announced on 12 December 2025

  • Saint Pearl paid the remaining consideration of RMB12,510,800 (around HKD13,757,000), together with relevant taxes and fees, to the local Bureau on 16 December 2025

  • The Bureau issued the relevant land certificates and completed the real estate registration for Saint Pearl on 22 December 2025, marking formal completion of the acquisition under the transfer contract

  • The Board confirmed that all conditions to completion have been fulfilled and cautioned shareholders to exercise care when trading the company’s shares, urging them to read this and future announcements carefully and seek professional advice where needed

  1. https://links.sgx.com/1.0.0/corporate-announcements/9EX8OCQ4MHYHS8F3/9c514bac7a4b080fa2f8afdaa876431cb7cc14e1f6267e62682185107bc2e937