Greenpro Capital Corp. has completed the sale of its Financial and Advisory (F&A) entities to an individual buyer, Ms. Chen Yanhong, for a total cash consideration of approximately $446,486. The transaction was finalized on September 28, 2026.
The divested entities include Greenpro Resources (HK) Limited, Falcon Corporate Services Limited, Greenpro Financial Consulting Limited, Greenpro Management Consultancy Limited, Shenzhen Falcon Financial Consulting Limited, and Greenpro Financial Consulting (Shenzhen) Limited. These subsidiaries are based in Hong Kong, Belize, and Shenzhen, China, and primarily provide corporate advisory and company-secretarial services.
Ms. Chen Yanhong is a director of four of the sold subsidiaries and currently holds 14 shares of Greenpro Capital’s common stock. Under the terms of the agreement, all outstanding intercompany balances, loans, advances, receivables, payables, and other obligations between the F&A entities and the remaining company group were waived and released at closing.
Greenpro Capital estimates that the waiver of these intercompany balances will result in a reduction of its additional paid-in capital of $5,303,075. The company expects to report the F&A entities as discontinued operations beginning in the third quarter of 2026. The filing indicates the company intends to use the proceeds from the sale for general corporate purposes, including providing additional working capital and funding internal operational improvement initiatives.
The unaudited pro forma financial information included with the filing reflects the financial impact of the transaction.
