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Century Legend Announces Strategic Property Disposal

Century Legend Announces Strategic Property Disposal

Century Legend (Holdings) Limited (HK:0079) has released an update.

Century Legend (Holdings) Limited has entered into a provisional sales agreement for the disposal of a residential unit in Taikoo Shing, Hong Kong, with the transaction exceeding the 5% threshold of the Listing Rules, making it a discloseable event. The property, currently occupied by a tenant, is set to be sold for HK$7,380,000 with completion scheduled by 1 November 2024. This deal represents a strategic move by the company, with the formal agreement expected to be signed by 3 September 2024.

For further insights into HK:0079 stock, check out TipRanks’ Stock Analysis page.

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