Core Viewpoint - Hong Kong Communications International Holdings (00248) announced the sale of a property for HKD 13.2 million, which is expected to improve the company's financial position by reducing bank loans and interest expenses [1] Group 1: Transaction Details - The seller, Generalvestor (HK) Limited, a wholly-owned subsidiary of the company, entered into an agreement with buyer Lam Yi Toi on January 28, 2026 [1] - The property is located at 8 King Ling Road, Tseung Kwan O, New Territories, Hong Kong, with a usable area of approximately 914 square feet [1] Group 2: Financial Implications - The board believes that this sale represents a good opportunity for the group to repay bank loans and lower the debt-to-asset ratio [1] - The terms of the sale are considered fair and reasonable, aligning with the overall interests of the company's shareholders [1]

Core Viewpoint - Hong Kong Communications International Holdings (00248) announced the sale of a property for HKD 13.2 million, which is expected to improve the company's financial position by reducing bank loans and interest expenses [1] Group 1: Transaction Details - The seller, Generalvestor (HK) Limited, a wholly-owned subsidiary of the company, entered into an agreement with buyer Lam Yi Toi on January 28, 2026 [1] - The property is located at 8 King Ling Road, Tseung Kwan O, Hong Kong, with a usable area of approximately 914 square feet [1] Group 2: Financial Implications - The board believes that this sale represents a good opportunity for the group to repay bank loans and lower the debt-to-asset ratio [1] - The terms of the sale are considered fair and reasonable, aligning with the overall interests of the company's shareholders [1]