SOCAM DEV (00983) Completes Sale of SOCAM Property Management Services Limited

Stock News

Dec 19, 2025

SOCAM DEV (00983) announced that the sale of all issued shares of SOCAM Property Management Services Limited has been completed. All conditions precedent under the sale agreement have been fulfilled, and the transaction was concluded on December 19, 2025, in accordance with the terms of the agreement. Following the completion, the target company will cease to be a subsidiary of SOCAM DEV, and the financial performance of the target group will no longer be consolidated into the company's financial statements.

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