A unit of Silver Grant International (HKG:0171) agreed to sell a residential property in Beijing, China, to Liu Rui for 10.2 million yuan, a Monday filing with the Hong Kong bourse stated.
The disposal is expected to be completed on or before April 14, according to the property leasing firm.
The property, which is currently vacant, is charged in favor of an independent third party to secure certain of the firm's borrowings.
The sale will allow the company to realize its investment in the property and improve its liquidity through additional cash flows. The firm will use proceeds from the sale for general working capital.
Shares of the company were up 12% in recent trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。