Corey International: Plans to acquire 30% equity of Caraffi for 155 million yuan

Kore International Announcement, the company’s wholly-owned subsidiary in Hong Kong AP’s wholly-owned UK subsidiary Investigo Limited plans to adopt a combined pricing mechanism of “fixed down payment + fixed second installment + profit-sharing plan based on profitability,” with an estimated total use of self-owned funds of 16.46 million GBP, equivalent to 155 million RMB, to acquire a 30% stake in Caraffi Ltd. Before this transaction, Investigo held a 70% stake in Caraffi; after the completion of this transaction, the company will hold 100% of its equity.

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