MIKO INTL (01247) announced that on December 2, 2025, the seller (its indirect wholly-owned subsidiary, Honghaier Group (Hong Kong) Limited) agreed to sell the entire equity interest in the target company (Quanzhou Hongyu Technology Innovation Industrial Development Co., Ltd.) to the buyer (Fujian Quanzhou Langyaoda Investment Co., Ltd.) for RMB75.7 million. The target company is an indirect wholly-owned subsidiary of MIKO INTL and was established as the group's property holding entity, exclusively owning certain properties.

These properties include an industrial park and ancillary buildings located on an industrial land plot in Jinjiang, Quanzhou, Fujian Province, China. The site spans approximately 20,600 square meters, with a total gross floor area of around 42,700 square meters. As of the agreement date, part of the properties had been leased to independent third parties, while the remaining portion was occupied by another indirect wholly-owned subsidiary, Honghaier (China), for the group's business operations and office use.

Upon completion of the transaction, MIKO INTL will no longer hold any interest in the target company, and its financial performance, assets, and liabilities will cease to be consolidated into the group's financial statements.