Boyaa Interactive International (HKG:0434) unit Hantang Jiyuan China has completed a bid to acquire certain property in China through a judicial auction process for roughly 56.3 million yuan, a Wednesday bourse filing said.
The property includes but is not limited to an office building, its ancillary factory building, and certain ancillary facilities in the Henan Province of China.
The unit has transferred the consideration amount to the designated bank account of the People's Court of Hongqi District, Xinxiang, which had arranged the judicial auction process.
The company will use part of the office premises as an operation base and a customer service center for its online games business, while the rest will continue to be leased out.
Shares of the company were down nearly 5% in recent trade.
Price (HKD): $1.43, Change: $-0.030, Percent Change: -2.05%
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