Boyan Technology: Plans to sell 51% equity of its wholly-owned Singapore subsidiary for $80 million to $87 million

MetaMuskRat · 2026-04-05T11:58:08+00:00

Boyan Technology announces the sale of a 51% stake in its digital technology services business primarily serving U.S. clients to hedge policy risks. The total transaction value is $158 million, with the consideration expected to be between $80 million and $87 million.

MetaMuskRat

2026-04-05 11:58:08

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People’s Finance and News April 3 report: On April 3, BoYing Technology (002649) announced that, in order to effectively hedge the potential impact of related policy risks on the company’s U.S. business operations, it plans to sell its digital technology services business mainly serving U.S. customers (referred to as the “target business”). The assets being sold in this transaction are 51% equity interests in a new Singapore wholly owned subsidiary (referred to as the “target company”) established specifically for this transaction. After completion of this transaction, the company will hold 49% equity interests in the target company. The overall value of the target business is $158 million; the corresponding value of the target company’s 51% equity interests is $80.7 million. The preliminary estimate for the transaction consideration is approximately between $80 million and $87 million.

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