RPL: Binding Agreement for Acquisition of East Point

REGAL PARTNERS LIMITED

• Regal Partners has entered into binding agreements to acquire 100% of the issued share capital of Hong Kong based alternative investment manager East Point Asset Management (“EPAM”).
• The EPAM Fund manages approximately USD $100 million in capital, utilising EPAM’s fundamental, high conviction, long short Asian equities strategy.
• The transaction will involve the issuance of 788,195 RPL shares, subject to regulatory approvals from the Hong Kong Securities and Futures Commission.

2023-02-10 17:24:00