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China Motor Bus Co. Ltd. Approves Major Property Sale
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China Motor Bus Co. Ltd. Approves Major Property Sale

China Motor Bus Co. Ltd. (HK:0026) has released an update.

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China Motor Bus Co. Ltd. shareholders have approved the sale of Albany House in London for £47 million to Blue Orchid (Farringdon) Limited. The decision was overwhelmingly supported at the extraordinary meeting held on October 31, 2024, with 99.998% of votes in favor. This strategic move is part of the company’s efforts to optimize its asset portfolio.

For further insights into HK:0026 stock, check out TipRanks’ Stock Analysis page.

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