Amid a backdrop of fluctuating global markets, Hong Kong's Hang Seng Index has recently shown resilience, climbing 2.64% as noted in recent updates. This positive momentum in the Hong Kong market sets an intriguing stage for examining growth companies with high insider ownership, which can be indicative of confidence from those closest to the company's operations and future prospects.
ESR Group Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced its full year results ended 31 December 2023 ("FY2023").
ESR Group Limited ("ESR" or the "Company", together with its subsidiaries, the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, has today entered into share purchase agreements to divest its ARA Private Funds ("APF") business in Australia, Singapore, South Korea and the USA[3] to entities which include an affiliate of Sumitomo Mitsui Finance and Leasing Co ("the Buyer")[4] for an agreed enterprise value of US$270 million[5]. Post net asset adjustment