Far East Consortium International Ltd. has signed a legally binding term sheet to dispose of its UK office at 40 Furnival Street, London, to AMTD IDEA Group for £18 million, as part of a wider set of UK asset sales with an aggregate consideration of £65.2 million. To facilitate completion, the group will provide the purchaser with a secured £38.2 million, five-year term loan at 5% interest, with semi-annual interest payments and scheduled principal repayments. The company expects the transactions to generate about £19 million in net proceeds for general working capital and an estimated gain of approximately £9.6 million on the office disposal, with completion targeted for 26 March 2026.

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. Far East Consortium International Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260309-12044922), on March 08, 2026, and is solely responsible for the information contained therein.