Core Viewpoint - The company is divesting its interests in two subsidiaries, A玥山有限公司 and 嘉特物业有限公司, through agreements with two buyers, realizing a total consideration of HKD 9.88 billion, which is seen as a good opportunity for capital return [1][2]. Group 1: Transaction Details - The company has entered into Agreement A with SPES HOLDINGS LTD to sell its entire issued share capital of A玥山有限公司 and the outstanding loan owed by the target company, for a total consideration of HKD 4.52 billion [1]. - Simultaneously, the company has signed Agreement B with STAYBOND TRADING LIMITED to sell its entire issued share capital of 嘉特物业有限公司 and the outstanding loan owed by this target company, for a total consideration of HKD 5.36 billion [1]. - Upon completion of these transactions, the company will no longer hold any interests in these target companies, and their financial performance will not be consolidated into the company's financial statements [1]. Group 2: Strategic Rationale - The properties involved in these transactions were built by the group in 2018 and held as investment properties [2]. - The board believes that these sales provide a favorable opportunity for the company to realize investments and achieve capital returns [2].
香港兴业国际:香港兴业拟4.52亿港元出售玥山有限公司的全部已发行股本