Chuang's Consortium International Announces Proposed Sale of Island 37 Investment Ltd. to Annex W Group Ltd

Reuters

06-19

Chuang's Consortium International Announces Proposed Sale of Island 37 Investment Ltd. to Annex W Group Ltd

Chuang's Consortium International Ltd. has announced a significant transaction involving the sale of its entire issued share capital of Island 37 Investment Limited, a wholly-owned subsidiary, to Annex W Group Limited. This transaction, formalized through a Sale and Purchase Agreement dated June 19, 2025, also includes the disposal of an unsecured interest-free loan amounting to approximately HK$213.4 million. The Purchaser, Annex W Group Limited, is a British Virgin Islands-based investment holding company ultimately owned by Madam Wu Jingtao. The transaction is part of Chuang's Consortium's strategic moves in its property development and investment endeavors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chuang's Consortium International Ltd. published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.

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