Lai Man Kon agreed to acquire 7% stake in Beat Holdings Limited (TSE:9399) from One Heart International Limited on May 24, 2018. Under the terms, Lai Man Kon will acquire 1.2 million shares and One Heart International Limited will reduce the shareholding from 2 million shares (11.70%) to 0.80 million shares (4.70%) in Beat Holdings Limited. The transaction is expected to be competed on May 31, 2018. Lai Man Kon completed the acquisition of 7% stake in Beat Holdings Limited (TSE:9399) from One Heart International Limited on May 24, 2018.