HK FOOD INV (00060) has announced that on February 12, 2026, its wholly-owned subsidiary, Chuangyu Co., Ltd., entered into an agreement with buyer Hengfeng Industry Co., Ltd. Under this agreement, the seller conditionally agreed to sell, and the buyer conditionally agreed to purchase, certain properties for a total consideration of 1.25 billion Japanese yen (approximately HK$63.092 million).

Property A consists of land and a five-story flat-roof office building located at 10-112 Shinbashi 5-chome, Minato-ku, Tokyo, Japan, with a total gross floor area of approximately 200.60 square meters. Property B includes land and a six-story (including basement) flat-roof office building situated at 11-112 Shinbashi 5-chome, Minato-ku, Tokyo, Japan, with a total gross floor area of approximately 171.17 square meters. Property C comprises land and a three-story flat-roof residential building located at 12-112 Shinbashi 5-chome, Minato-ku, Tokyo, Japan, with a total gross floor area of approximately 98.03 square meters.

After considering the overall economic and property market conditions in Japan, the directors believe that the disposal presents a favorable opportunity for the group to realize its investment in these properties at a reasonable price. The transaction is expected to increase the group's working capital and improve its cash flow. The directors consider the disposal to be in the overall interests of the company and its shareholders, with terms that are fair, reasonable, and based on normal commercial conditions.