Group 1 - The company Hong Kong International Holdings (00480.HK) announced the sale of its subsidiary, Pei Yi Limited, to Huazhan Investment Limited for a total consideration of HKD 180 million, which may be adjusted [1] - Upon completion of the transaction, the company will no longer hold any interest in the target company, and the financial performance of the target company will not be consolidated into the group's financial statements [1] - The target company is an investment holding company registered in Hong Kong, primarily holding a property known as Tuen Mun Central Plaza, along with associated rights and privileges [1] Group 2 - The board believes that the sale provides a valuable opportunity for the group to convert long-held assets into cash, thereby enhancing the group's cash flow amid liquidity pressures in the property market and sluggish bulk transactions [2]
香港兴业国际(00480.HK)拟1.8亿港元出售沛逸所有股本及销售贷款