Hua Lien International (Holding) Co. Ltd. ( (HK:0969) ) has shared an announcement.
Hua Lien International (Holding) Co. Ltd., through its 70% owned indirect subsidiary, Pan-Caribbean Sugar Company Limited, has entered into a Sale and Purchase Agreement to dispose of a property located at Bernard Lodge Sugar Factory in Jamaica. The property, which has been assessed as having no commercial value, will be sold for US$2,550,000 to AYD Construction Limited, a company engaged in construction activities in Jamaica. This transaction is classified as a discloseable transaction under the Listing Rules, requiring notification and announcement due to the applicable percentage ratios exceeding 5%.
More about Hua Lien International (Holding) Co. Ltd.
YTD Price Performance: -13.33%
Average Trading Volume: 492,580
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$170.9M
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