Chuang's Consortium International Ltd. has announced a significant transaction involving the sale of its entire issued share capital of Island 37 Investment Limited, a wholly-owned subsidiary, to Annex W Group Limited. This transaction, formalized through a Sale and Purchase Agreement dated June 19, 2025, also includes the disposal of an unsecured interest-free loan amounting to approximately HK$213.4 million. The Purchaser, Annex W Group Limited, is a British Virgin Islands-based investment holding company ultimately owned by Madam Wu Jingtao. The transaction is part of Chuang's Consortium's strategic moves in its property development and investment endeavors.
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