HKC International Sells Life Insurance Policy for HK$6.59 Million

Reuters
Jan 09
HKC International Sells <a href="https://laohu8.com/S/LINS">Life Insurance</a> Policy for HK$6.59 Million

HKC International Holdings Ltd. announced that its indirect wholly-owned subsidiary, Hong Kong Communications Company Limited, has surrendered a life insurance policy and received a cash surrender value of HK$6,585,000. The transaction is classified as a discloseable transaction under the Listing Rules. Proceeds will be used to reduce bank borrowings, lower the gearing ratio, decrease associated interest expenses, and increase working capital.

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. HKC International Holdings Ltd. 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-20260109-11986482), on January 09, 2026, and is solely responsible for the information contained therein.

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