SEA Holdings (HKG:0251) unit Pearl Hope disposed of 170,000 shares in Barrick Mining for a little over $5 million, a Friday Hong Kong bourse filing said.
The shares were sold on Friday through the open market at $29.50 apiece. Following completion, the firm holds no shares in Barrick Mining.
The property investor and developer will use proceeds from the sale as general working capital and for potential investment opportunities.