Yangtzekiang Garment Co. Ltd. (HK:0294) has released an update.
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Yangtzekiang Garment Co. Ltd. has entered into an agreement to sell a property in Shanghai for approximately HK$17.98 million. Despite anticipating a loss from the sale, the company plans to use the proceeds as general working capital. This transaction underscores the firm’s strategic financial maneuvers amidst fluctuating property values.
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