Greenpro Capital completes sale of subsidiaries for HK$3.5 million

Greenpro Capital Corp. has finalized the sale of six subsidiaries, known as the F&A Entities, to Ms. Chen Yanhong for a total of HK$3.5 million, approximately US$446,486. The transaction, which was announced on September 23, includes Greenpro Resources (HK) Limited, Falcon Corporate Services Limited, Greenpro Financial Consulting Limited, Greenpro Management Consultancy Limited, Shenzhen Falcon Financial Consulting Limited, and Greenpro Financial Consulting (Shenzhen) Limited.

Ms. Chen, who is a director of several of these entities and holds 14 shares of Greenpro Capital common stock, was granted the right to purchase these subsidiaries. All outstanding intercompany balances and obligations between the F&A Entities and the remaining Greenpro Capital group were waived at closing, estimated to reduce additional paid-in capital by $5,303,075.

Greenpro Capital expects to report the F&A Entities as discontinued operations beginning in the third quarter of 2026, with proceeds from the transaction likely being utilized for corporate purposes such as working capital, operational improvements, and business development.

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