Shun Tak Holdings Limited has announced that its indirect wholly-owned subsidiary has entered into a sale and purchase agreement to dispose of office units and a retail unit located in Zhuhai, China. The properties will be sold to the purchaser for a consideration of RMB724.2 million (approximately HK$803.2 million). The company stated that the terms of the agreement are fair and reasonable, and that the disposal is in the best interests of the company and its shareholders. Details of the financial information related to the transaction have been published on the websites of the Hong Kong Stock Exchange and Shun Tak Holdings Limited.
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. Shun Tak Holdings Limited published the original content used to generate this news brief on September 24, 2025, and is solely responsible for the information contained therein.