Hela Apparel proposes $ 12 m stake transfer in Hela Brands

Wednesday, 21 January 2026 00:28 -     - {{hitsCtrl.values.hits}}


Hela Apparel Holdings PLC has called an Extraordinary General Meeting (EGM) to seek shareholder approval for the transfer of a majority stake in its overseas subsidiary, Hela Brands Ltd., in a deal valued at $ 12 million.

The EGM is scheduled to be held on 3 February at 3.30 p.m. as an online meeting.

The resolution seeks approval for the transfer by the company of up to 65,000 shares held in Hela Brands Ltd., representing up to 65% of the total issued shares of that entity, to a strategic investor. 

 

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