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SEA Holdings Ltd. Announces HK$160 Million Property Disposal

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SEA Holdings Ltd. Announces HK$160 Million Property Disposal

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SEA Holdings Ltd. ( (HK:0251) ) just unveiled an announcement.

SEA Holdings Ltd. announced the sale of a property located at No. 1 Shouson Hill Road East, Hong Kong, for HK$160 million in cash. This transaction is considered a discloseable transaction under Hong Kong’s Listing Rules, as it exceeds 5% of applicable percentage ratios but remains below 25%. The sale agreement was reached following arm’s length negotiations, and the payment will be made in installments, with the final balance due upon completion.

More about SEA Holdings Ltd.

YTD Price Performance: -2.10%

Average Trading Volume: 15,587

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$843M

See more insights into 0251 stock on TipRanks’ Stock Analysis page.

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