Greenpro Capital to sell F&A services units to director Chen Yanhong for HK$3.5 million
Greenpro Capital Corp. agreed on September 18, 2026 to sell six subsidiaries, the F&A Entities, which provide corporate advisory and company-secretarial services in Hong Kong and China, to Chen Yanhong, a director of several of them, for aggregate cash of HK$3,500,000 (approximately US$446,486). The deal is expected to close before the end of September 2026, and at closing intercompany balances between those entities and the rest of the group will be waived without further consideration.
Key points
- Sale of six F&A Entities to Chen Yanhong for HK$3,500,000 (approximately US$446,486), under an agreement dated September 18, 2026
- Audit committee approved the transaction on September 8, 2026; board approved it on September 11, 2026
- Expected closing before the end of September 2026, subject to closing conditions
- Greenpro Trust Limited agreed to invest $12,500,000 in subsidiary GVCL for 5% of its equity, valuing GVCL at $250,000,000; funds received August 25, 2026
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.