South China Holdings Announces Disposal of Land Use Right in Discloseable Transaction

Reuters
07/21
South China Holdings Announces Disposal of Land Use Right in Discloseable Transaction

South China Holdings Co. Ltd. announced a discloseable transaction involving the disposal of a land use right. On July 21, 2025, the company's indirect wholly-owned subsidiary, acting as the vendor, entered into a Sale and Purchase Agreement with the purchaser. The purchaser agreed to acquire the land use right for RMB42,624,000 (approximately HK$46,840,000). This transaction, exceeding 5% but less than 25% of applicable percentage ratios under Rule 14.07 of the Listing Rules, requires notification and announcement as per Chapter 14 of the Listing Rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. South China Holdings Co. Ltd. published the original content used to generate this news brief on July 21, 2025, and is solely responsible for the information contained therein.

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。

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