AGILE GROUP (03383) Announces Letter of Intent for Asset Disposal

Bulletin Express
Mar 05

AGILE GROUP (03383) announced that on 5 March 2026, a subsidiary named Yulin Xintao Eco Technology Co., Ltd. entered into a letter of intent (LOI) with Yulin Yihua Environmental Protection Technology Co., Ltd. The LOI outlines the Purchaser’s intention to acquire land, factory buildings, and other immovable properties, as well as equipment, pipelines, construction in progress, and other fixed assets in a cash transaction.

According to the announcement, the final terms of the transaction, including the transaction price, remain subject to negotiation and relevant approvals. The Purchaser and Seller may enter into a definitive agreement that will detail the specific structure of the disposal.

AGILE GROUP stated that if the disposal materializes, it could help optimize the Group’s long-term and short-term asset allocation, maximize asset efficiency, and improve cash flow, thereby mitigating debt risks. However, there is no assurance that the transaction will be completed, and no definitive agreement has been signed as of the date of the announcement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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