Worth Glory, a company wholly-owned by Sinosoft’s chairman, completed the acquisition of the remaining 58% stake in Sinosoft Technology, an application software products and PCR solutions provider, for HKD400m. Implementation of the proposal for privatisation will permit the company to make strategic decisions focused on long-term growth and benefits, free from short to mid-term pressure of market expectations and share price fluctuations which arise from being a publicly listed company.