Happy City Holdings to buy Wing Shing in US$2.6 million all-share deal
HCHL•Happy City agrees to acquire Wing Shing
Happy City Holdings agreed on Aug. 14, 2026 to buy Hong Kong-based Wing Shing International Consultancy from its shareholders.
- Deal consideration: 1,312,487 Class A ordinary shares priced at US$1.98 each, valuing the transaction at US$2.6 million.
- Issued shares would equal about 6.9% of the enlarged Class A ordinary share count on completion.
- Wing Shing runs catering management operations, including subcontracted canteens and restaurants, serving corporate and institutional clients.
- The transaction broadens Happy City’s reach into B2B food service, targeting recurring catering contracts and supply-chain and logistics efficiencies.
