HKR International Limited disclosed that on 29 December 2025, an indirect 50%-owned subsidiary of the company entered into a sale and purchase agreement with Purchaser A, a company incorporated in the British Virgin Islands, for the disposal of its entire interests in certain subsidiaries. The subsidiaries involved are primarily engaged in the development, management, and provision of essential and recreational services for residential housing and leisure projects in Discovery Bay, Lantau Island. The board of HKR International Limited considers the terms of the transaction to be fair and reasonable and in the interests of the company as a whole.
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. HKR International Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251229-11968907), on December 29, 2025, and is solely responsible for the information contained therein.