Shareholders of South China Holdings (HKG:0413) will meet on June 26 to vote on the sale of three firms by two units to Splendid Enterprises, a Monday Hong Kong bourse filing said.
The deal to sell World Mastery, Crosslight, and Chun Wing for for HK$27 million was first announced in May.
Proceeds from the disposal are intended to be used to set off a shareholder's loan owed by the company to controlling shareholder Ng Hung Sang or his associates.
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