Polly Power Group Company Limited entered into a sale and purchase agreement to acquire 25% stake in Sheen Tai Holdings Group Company Limited (SEHK:1335) from Sheen Tai Group Holding Limited for approximately HKD 150 million on June 15, 2024. A cash consideration of HKD 152.125 million will be paid by Polly Power Group Company Limited for 608,500,000 Shares . The expected completion of the transaction is September 30, 2024.