ITC PROPERTIES (00199) Plans to Dispose of Wan Chai Property in Hong Kong

Stock News

Mar 10

ITC PROPERTIES (00199) announced that on March 10, 2026, after trading hours, its indirectly wholly-owned subsidiary, Westfountain Co. Ltd., intends to sell the entire issued share capital of Shing Hong and the sales loan to Lucky Respect Management Limited. The consideration is expected to be approximately HK$164.4 million and in no event shall exceed HK$168.7 million. Shing Hong is a limited company incorporated in Hong Kong, whose principal activity is holding the property. The property is a 32-storey commercial building located in Wan Chai, Hong Kong, currently named "250 Hennessy," which includes 25 parking spaces and has a total gross floor area of approximately 55,678 square feet.

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Ltd., intends to sell the entire issued share capital of Shing Hong and the sales loan to Lucky Respect Management Limited. The consideration is expected to be approximately HK$164.4 million and in no event shall exceed HK$168.7 million. Shing Hong is a limited company incorporated in Hong Kong, whose principal activity is holding the property. The property is a 32-storey commercial building located in Wan Chai, Hong Kong, currently named \"250 Hennessy,\" which includes 25 parking spaces and has a total gross floor area of approximately 55,678 square feet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03913","symbol_name":"合景悠活","start_time":0,"source_url":"","article_id":"1195512539","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195512539","pubTimestamp":1773153619,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"ITC PROPERTIES (00199) announced that on March 10, 2026, after trading hours, its indirectly wholly-owned subsidiary, Westfountain Co. 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