Sinofortune Financial Holdings Announces Proposed Disposal and Leaseback of Property Holding Company

Reuters

Jul 22

Sinofortune Financial Holdings Announces Proposed Disposal and Leaseback of Property Holding Company

Sinofortune Financial Holdings Limited has announced the proposed disposal of its wholly-owned subsidiary, Sinofortune Property Limited, to Best Properties Limited. As part of the transaction, the company will also engage in a leaseback of the property involved. This development follows the signing of a formal agreement on 22 July 2025. The disposal involves the sale of the entire issued share capital of Sinofortune Property Limited, a move aimed at optimizing the company's asset portfolio. The transaction details were disclosed by Sinofortune Financial Holdings Limited, with Wang Jiawei chairing the announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinofortune Financial Holdings Ltd. published the original content used to generate this news brief on July 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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