KNT Holdings (HKG:1025) unit KNT International Holdings agreed to sell five properties to EFE Information Technology for HK$16.8 million, an Oct. 23 bourse filing showed.

Shares of the garment maker were up nearly 1% in Monday afternoon trading.

The properties comprise four workshops and one car parking space in New Territories, Hong Kong.

The company intends to use proceeds for general working capital.