Beijing Media (HKG:1000) said its associate, Capital Securities, won the bid for certain properties held by its subsidiary Beijing Beiqing Outdoor Advertisement through a public tender on China Beijing Equity Exchange with a winning bid of 20.7 million yuan, a Thursday Hong Kong bourse filing said.
The target properties include six properties on the 15th floor of Block C, Grand Place, No. 5 Huizhong Road, Chaoyang District, Beijing, and are used for lease in full.
The expected proceeds from the disposal come in at 17.6 million yuan and the net proceeds are planned to be used for the development of the principal business of the group and to supplement its general working capital.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。