Mergers & Acquisitions ·
On August 14, 2026, Happy City Holdings Limited entered into a share purchase agreement to acquire the entire issued…
HCHLHappy City Holdings Ltd
On August 14, 2026, Happy City Holdings Limited entered into a share purchase agreement to acquire the entire issued share capital of Wing Shing International Consultancy Limited. The company will issue 1,312,487 Class A Ordinary Shares at US$1.98 per share, representing an aggregate consideration of US$2,598,726. Upon completion, these shares will constitute approximately 6.9% of the Company’s enlarged issued Class A Ordinary Shares. The acquisition aims to expand Happy City's business model beyond traditional dine-in operations into B2B, corporate, and institutional food service markets by integrating Wing Shing's catering management platform. This strategic move is intended to diversify revenue streams and capture recurring commercial contracts through operational synergies in supply chain and logistics. Happy City Holdings Limited operates in the restaurant and hospitality industry.