HKC International Holdings Limited (248) has announced a major transaction involving the disposal of a residential property located at Flat G on the 45th Floor of Tower 10 Phase II (known as Le Point) of Metro Town in Tseung Kwan O, New Territories, Hong Kong. The transaction is valued at HK$13.20 million, with completion scheduled on or before 27 March 2026.

According to the announcement, the property, which has a saleable floor area of approximately 914 square feet, generated a monthly rental income of HK$0.03 million. The net proceeds from this disposal are estimated at HK$13.00 million and will be used to repay bank loans. Based on the difference between its carrying value as of 31 March 2025 and selling price plus related expenses, the group expects to record a loss of around HK$0.50 million. The disposal qualifies as a major transaction under Chapter 14 of the Listing Rules. The controlling shareholders have granted written approval, thus no general meeting will be held for this matter.