Core Viewpoint - Garmin Group Holdings (01271) has not yet entered into any legally binding formal agreements with potential buyers regarding the potential sale, and the exclusivity period will expire on December 21, 2025 [1] Group 1: Potential Sale Details - On January 6, 2026, a new potential buyer signed an exclusivity agreement and letter of intent dated January 5, 2026, for the potential acquisition of two properties located in the New Territories of Hong Kong [1] - The properties are currently owned by Yue Ji Development and Jinda Fu, with a total gross floor area of approximately 185,000 square feet [1] Group 2: Financial Implications - The board believes that if the potential transaction is realized, the net proceeds will allow the group to reduce its overall debt, thereby improving its financial condition [1] - The board considers the terms of the exclusivity agreement and letter of intent to be fair and reasonable, and believes that the potential transaction is in the overall interest of the company and its shareholders [1]
佳明集团控股就可能出售香港新界的两项物业签署独家权利协议及意向书