SU Group Holdings Limited, listed on NASDAQ under ticker SUGP, said its wholly owned subsidiary SU Group Investment Limited has agreed to acquire 100% of KM Safety Solution Company Limited from Lead New Limited for HK$5,616,000, or about $721,000, payable in cash at completion.
The acquisition agreement will terminate if conditions, including due diligence satisfaction and receipt of required consents or approvals, are not satisfied or waived by October 31, 2026.
KM Safety Solution provides safety solutions and consultancy services. It also holds rights to market, sell and distribute intelligent emergency lighting control products in Hong Kong under a 24-month distribution agreement with a third party starting July 22, 2026.
SU Group operates in Hong Kong and provides security-related engineering services, security guarding and screening services, and vocational training services. Its security systems work includes design, supply, installation and maintenance of threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems for commercial properties, public facilities and residential properties.
The company said the acquisition is intended to expand its technology-enabled safety and security offerings and may complement its existing security-related engineering capabilities. The transaction was disclosed on September 15, 2026.
