OCT (Asia) Confirms RMB596.00 Million Chaohu Land Resumption Agreement

Bulletin Express

Aug 10

Overseas Chinese Town (Asia) Holdings Limited (OCT (Asia)) announced that subsidiary Hefei Huanchao entered into a Chaohu Land Resumption Agreement on 7 August 2026 with Chaohu Land Reserve Center, witnessed by the Anhui Chaohu Economic Development Zone Management Committee.

The agreement fixes the Chaohu Land Compensation Price at RMB596.00 million. Key obligations include:

• Transfer of real estate ownership certificates to Chaohu Land Reserve Center within seven working days of signing.

• Completion of ownership change, transfer or cancellation registrations with the Chaohu Natural Resources and Planning Bureau.

• Delivery of the land parcels as bare land to the Anhui Chaohu Economic Development Zone Development Bureau and Bantang Street Office within 30 days of signing.

Payment of the RMB596.00 million compensation will be made within 60 days after Hefei Huanchao fulfills the above obligations and obtains written consent from the Management Committee.

OCT (Asia) notes that the proposed disposal may or may not proceed and advises shareholders and potential investors to exercise caution when dealing in its securities. Further announcements will be issued as required by the Hong Kong Listing Rules.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1159662208"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1159662208\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1159662208?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-10 21:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159662208","market":"us","top_or_hot":-1,"title":"OCT (Asia) Confirms RMB596.00 Million Chaohu Land Resumption Agreement","media":"Bulletin Express","content":"<p>Overseas Chinese Town (Asia) Holdings Limited (OCT (Asia)) announced that subsidiary Hefei Huanchao entered into a Chaohu Land Resumption Agreement on 7 August 2026 with Chaohu Land Reserve Center, witnessed by the Anhui Chaohu Economic Development Zone Management Committee.</p>\n<p>The agreement fixes the Chaohu Land Compensation Price at RMB596.00 million. Key obligations include:</p>\n<p>• Transfer of real estate ownership certificates to Chaohu Land Reserve Center within seven working days of signing.</p>\n<p>• Completion of ownership change, transfer or cancellation registrations with the Chaohu Natural Resources and Planning Bureau.</p>\n<p>• Delivery of the land parcels as bare land to the Anhui Chaohu Economic Development Zone Development Bureau and Bantang Street Office within 30 days of signing.</p>\n<p>Payment of the RMB596.00 million compensation will be made within 60 days after Hefei Huanchao fulfills the above obligations and obtains written consent from the Management Committee.</p>\n<p>OCT (Asia) notes that the proposed disposal may or may not proceed and advises shareholders and potential investors to exercise caution when dealing in its securities. Further announcements will be issued as required by the Hong Kong Listing Rules.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OCT (Asia) Confirms RMB596.00 Million Chaohu Land Resumption Agreement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOCT (Asia) Confirms RMB596.00 Million Chaohu Land Resumption Agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-08-10 21:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Overseas Chinese Town (Asia) Holdings Limited (OCT (Asia)) announced that subsidiary Hefei Huanchao entered into a Chaohu Land Resumption Agreement on 7 August 2026 with Chaohu Land Reserve Center, witnessed by the Anhui Chaohu Economic Development Zone Management Committee.</p>\n<p>The agreement fixes the Chaohu Land Compensation Price at RMB596.00 million. Key obligations include:</p>\n<p>• Transfer of real estate ownership certificates to Chaohu Land Reserve Center within seven working days of signing.</p>\n<p>• Completion of ownership change, transfer or cancellation registrations with the Chaohu Natural Resources and Planning Bureau.</p>\n<p>• Delivery of the land parcels as bare land to the Anhui Chaohu Economic Development Zone Development Bureau and Bantang Street Office within 30 days of signing.</p>\n<p>Payment of the RMB596.00 million compensation will be made within 60 days after Hefei Huanchao fulfills the above obligations and obtains written consent from the Management Committee.</p>\n<p>OCT (Asia) notes that the proposed disposal may or may not proceed and advises shareholders and potential investors to exercise caution when dealing in its securities. Further announcements will be issued as required by the Hong Kong Listing Rules.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03366","symbol_name":"华侨城(亚洲)","start_time":0,"source_url":"","article_id":"1159662208","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159662208","pubTimestamp":1786369518,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Overseas Chinese Town (Asia) Holdings Limited (OCT (Asia)) announced that subsidiary Hefei Huanchao entered into a Chaohu Land Resumption Agreement on 7 August 2026 with Chaohu Land Reserve Center,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03366":"华侨城(亚洲)"},"translate_title":"华侨城（亚洲）确认人民币5.96亿元巢湖土地收回协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03366":1},"content_text":"Overseas Chinese Town (Asia) Holdings Limited (OCT (Asia)) announced that subsidiary Hefei Huanchao entered into a Chaohu Land Resumption Agreement on 7 August 2026 with Chaohu Land Reserve Center, witnessed by the Anhui Chaohu Economic Development Zone Management Committee.\nThe agreement fixes the Chaohu Land Compensation Price at RMB596.00 million. Key obligations include:\n• Transfer of real estate ownership certificates to Chaohu Land Reserve Center within seven working days of signing.\n• Completion of ownership change, transfer or cancellation registrations with the Chaohu Natural Resources and Planning Bureau.\n• Delivery of the land parcels as bare land to the Anhui Chaohu Economic Development Zone Development Bureau and Bantang Street Office within 30 days of signing.\nPayment of the RMB596.00 million compensation will be made within 60 days after Hefei Huanchao fulfills the above obligations and obtains written consent from the Management Committee.\nOCT (Asia) notes that the proposed disposal may or may not proceed and advises shareholders and potential investors to exercise caution when dealing in its securities. Further announcements will be issued as required by the Hong Kong Listing Rules.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}