Core Viewpoint - Far East Consortium International Limited (00035.HK) is selling its Plaza Damas commercial development project in Malaysia for a total consideration of MYR 55 million (approximately HKD 104.5 million) [1] Group 1: Transaction Details - The sale is being conducted by Target Term Sdn. Bhd., a wholly-owned subsidiary of the company [1] - The expected gain from the transaction is approximately MYR 39.783 million (around HKD 75.588 million) [1] Group 2: Strategic Alignment - The transaction aligns with the company's strategy of divesting non-core assets [1] - The proceeds from the sale will enhance the company's liquidity and reduce its net asset liability ratio [1] - The net proceeds are intended for general working capital purposes [1]

Group 1 - The company, Far East Development, announced a conditional sale agreement to sell assets for a total consideration of 55 million Malaysian Ringgit, approximately 105 million Hong Kong Dollars, to Surplus Pact (MM2H) Sdn. Bhd. [1] - The assets being sold include a commercial development project named Plaza Damas, located in Kuala Lumpur, Malaysia, which consists of various parking spaces and residential units [2]. - The board believes that the transaction will allow the company to realize the value of these assets, generate capital for reinvestment, increase liquidity, and reduce the company's net asset liability ratio, aligning with the strategy of divesting non-core assets [2].

Group 1 - The company, Far East Development (00035), announced a conditional sale agreement to sell assets for a total consideration of 55 million Malaysian Ringgit (approximately 105 million Hong Kong Dollars) [1] - The assets being sold include a commercial development project named Plaza Damas, located in Kuala Lumpur, Malaysia, which consists of various parking spaces and residential units [2] - The board believes that the transaction will allow the company to realize the value of these assets, generate capital for reinvestment, increase liquidity, and reduce the net asset liability ratio, aligning with the strategy of divesting non-core assets [2]

Core Viewpoint - The company, Far East Consortium International Limited, has entered into a conditional sale agreement to sell 50% of its shares in two subsidiaries, RC Perth Operations Pty Ltd and Perth FEC Pty Ltd, for a total consideration of AUD 100 million [1][2]. Group 1: Transaction Details - The sale agreement involves the seller's wholly-owned subsidiaries, FEC Holdings and FEC Hotel, and the buyer, The Generation Essentials Group [1]. - The transaction is subject to the terms and conditions outlined in the sale agreement [1]. - The target group includes an operating company, a property company, and an RC operating company, all registered in Australia [2]. Group 2: Company Operations - The operating company primarily engages in investment holding, while the property company focuses on property investment [2]. - The RC operating company is involved in hotel operations [2]. Group 3: Strategic Implications - The board believes the transaction will realize the value of the hotel, enable the reinvestment of proceeds, and enhance the group's liquidity while reducing the net asset liability ratio [2]. - The transaction aligns with the group's strategy to release development profits from its hotel portfolio and divest non-core assets [2].

Core Viewpoint - Century City International, Paliburg Holdings, and Regal Hotels have announced a share purchase agreement involving the sale of a property in London for £19.5 million, with additional financial arrangements for shareholder loans [1][2][3] Group 1: Transaction Details - The total purchase price for the shares is £19.5 million, approximately HKD 209 million [1] - The seller, Sun Moon International Limited, is a wholly-owned subsidiary of Regal Hotels, and the buyer is MNX Properties Limited [1] - The buyer will provide funds to the target company to repay approximately £19.46 million in shareholder loans owed to the seller [1] Group 2: Target Company Information - The target company, Waterman House Investments Limited, is the sole legal and beneficial owner of the property located at 41 Kingsway, London [2] - The maximum total price the seller expects to receive is estimated at £20.43 million, approximately HKD 219 million [2] - The property is a nine-story building with a total floor area of approximately 2,150 square meters (23,140 square feet) and is currently vacant [2] Group 3: Strategic Rationale - Regal Hotels initially intended to develop the property into a hotel but decided to reassess its overseas investment strategy due to the impact of the COVID-19 pandemic and geopolitical uncertainties [3] - The company aims to focus on its core hotel and property business in Hong Kong and is actively seeking to sell non-core assets to strengthen liquidity [3] - The sale of this property aligns with Regal's asset disposal plan, allowing for consideration of satisfactory offers [3]