HK FERRY (HOLD) (00050) announced that on August 19, 2025, the purchaser Hing Ling Investment Limited (a wholly-owned subsidiary of the company) entered into a provisional agreement with the vendor Man Hei International Investment Limited and its agent. Under the terms of the provisional agreement, the purchaser has agreed to acquire and the vendor has agreed to sell the property for a consideration of HK$260 million.

The property comprises multiple commercial shops with a total gross floor area of approximately 12,720 square feet and signage areas located at Ground Floor Area A of Tai Hung Fai (Tsuen Wan) Centre, a commercial development project at 55 Chung On Street, Tsuen Wan, New Territories, Hong Kong.

The announcement stated that the acquisition aligns with the group's strategy and represents an expansion of the group's existing property investment business. Given the property's prime location in Tsuen Wan and existing tenancies and concessions, the board of directors believes the acquisition will generate rental income for the group and strengthen its revenue base.