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Skyfame Realty (Holdings) Ltd ( (HK:0059) ) has provided an announcement.
Skyfame Realty (Holdings) Ltd has announced a discloseable transaction involving the disposal of properties through a Sale and Purchase Agreement. The transaction involves the sale of properties by a 65.5% indirectly owned subsidiary of the company to a purchaser for RMB16 million. This transaction is significant as it exceeds 5% but is less than 25% of the applicable percentage ratios under the Listing Rules, requiring reporting and announcement under Chapter 14 of the Listing Rules.
More about Skyfame Realty (Holdings) Ltd
Skyfame Realty (Holdings) Ltd is a company incorporated in Bermuda, primarily involved in real estate development and management. The company operates in the property sector, focusing on the acquisition, development, and sale of real estate properties.
Technical Sentiment Signal: Sell
Current Market Cap: HK$84.46M
Learn more about 0059 stock on TipRanks’ Stock Analysis page.