Hong Kong Food Investment Holdings Limited (Stock Code: 60) has entered into an agreement dated 12 February 2026 to sell three properties in Minato-ku, Tokyo, for 1.25 billion yen (approximately HK$63.09 million). According to company information, these properties include multiple office and residential buildings with a total net book value of about 634.73 million yen (approximately HK$32.04 million) as of 31 January 2026.

The transaction is classified as a major transaction under local listing rules, and an extraordinary general meeting will be convened for shareholder approval. If approved and completed by 31 August 2026, the company expects to recognize a disposal gain of around 615.28 million yen (approximately HK$31.06 million) before relevant taxes and expenses. After deducting related costs, net proceeds of approximately 400 million yen (around HK$20 million) are intended for use as the group’s working capital.

A circular with details of the transaction is expected to be published by or before 30 April 2026. Under the agreement’s terms, if the required shareholder approval is not obtained by 17 August 2026, the deal will be automatically terminated, with the deposit returned to the purchaser without interest.