Neo-Concept International Acquires Affiliate’s Assets

Neo-Concept International Group Holdings Limited (NCI) has released an update.

Neo-Concept International Group Holdings Limited, a Cayman Islands-based company listed on the Nasdaq Capital Market, has agreed to purchase specific assets from its Hong Kong-incorporated affiliate, Neo-Concept (Holdings) Company Limited. This asset acquisition is set to be completed on a date falling ten business days after all conditions are met. The agreement outlines the terms, including the assets to be sold, excluded liabilities, and the handling of employee transitions.

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