Hao Tian International Construction Investment Group Limited (1341) will hold an extraordinary general meeting on 21 November 2025 at 25/F, Shui On Centre, 6-8 Harbour Road, Wanchai, Hong Kong, to seek shareholder approval for the disposal of 85% of the issued share capital of Alcott Global Limited. The total consideration is HK$900 million, with HK$850 million to be settled by transferring consideration notes and HK$50 million payable in cash.

Public documents show that Alcott Global Limited holds a 22% equity interest in a property development project in Cambodia with a site area of approximately 17.25 million square meters. The land was valued at US$413 million as of 31 August 2025. The company notes that the project in Cambodia has shown no development progress to date. If approved, Hao Tian International will cease to hold any interest in Alcott Global Limited. The net proceeds from the transaction (HK$50 million in cash) are currently intended for loan repayment.

Such disposal constitutes a major transaction under regulatory rules and is subject to shareholder approval. Shareholders whose names appear on the register by 17 November 2025 will be entitled to vote at the meeting.