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.
For further insights into HK:1552 stock, check out TipRanks’ Stock Analysis page.