BHCC Holding Ltd. (HK:1552) has released an update.
BHCC Holding Ltd. has conditionally agreed to sell two properties to a purchaser for a combined total of around HK$28 million, with the deal subject to the exercise of options by the purchaser before 3 June 2024. The transaction is classified as a major transaction according to the Listing Rules, and the controlling shareholder has already provided written approval, negating the need for a general shareholder meeting. Shareholders and investors are advised to exercise caution as the sale is not guaranteed and depends on the options being exercised.
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