Maison Solutions Disposes of its 91.67% Stake in Subsidiary for $1.00

Maison Solutions Inc. (MSS) has completed the disposition of its entire 91.67% equity interest in its subsidiary, Super HK of El Monte, Inc., for a purchase price of $1.00. The agreement was made with DNL Management Inc., which previously held the remaining 8.33% of the subsidiary. As part of the transaction, the buyer has assumed all debts, obligations, and liabilities of Super HK of El Monte.

Key Details

• Asset Sold: 91.67% equity interest in Super HK of El Monte, Inc.
• Buyer: DNL Management Inc., the existing minority shareholder.
• Purchase Price: $1.00, with the buyer assuming all of the subsidiary's liabilities, which was noted to have incurred operating losses.
• Transaction Date: The Equity Purchase Agreement was signed and the transaction closed on July 2, 2026. The sale is economically effective as of April 30, 2026, for the purpose of allocating financial results.