WAI KEE HOLD (00610.HK) is returning the participation rights for the ROAD KING INFRA (01098.HK) Guangzhou project.

ROAD KING INFRA (01098.HK) announced that its controlling shareholder WAI KEE HOLD (00610.HK) has returned a 32.5% participation in the property development project in Zengcheng District, Guangzhou, with an estimated return price of approximately 96 million yuan. WAI KEE estimates a confirmed net loss of about 18 million yuan.

AASTOCKSDec 10 23:17

WAI KEE HOLD(00610): Jia Jian has issued a notice to ROAD KING INFRA to return the participation rights for 96 million yuan.

WAI KEE HOLD (00610) announced that on December 10, 2024, the company will present...

Zhitong FinanceDec 10 18:42

Liji (00240.HK) has terminated the acquisition of the agricultural land transaction at Pak Shing Kok Road, Tseung Kwan O, and received a refund of the payment.

Hui Kee (00610.HK) and Niche (00240.HK) (referred to collectively as Niche Group) announced that regarding the transaction of Niche's wholly-owned subsidiary, Pong King Investment, acquiring multiple agricultural lands on Po Chue Tam Road in Tseung Kwan O, the group and the seller have on December 6 completed the termination of the acquisition matters. The group has directly or indirectly transferred all the equity of the target group and the rights of the aforementioned plots back to the relevant seller, and the seller's lawyer has paid the group a repayment after deducting the seller's costs incurred from the termination. According to the revised purchase and sale agreement, the seller or their lawyer is required to pay Niche Group a total amount of approximately 31 million dollars after the termination.

AASTOCKSDec 9 10:04

Build King, Wai Kee Unit Sells 75% Stake in Sewage Treatment Plant Operator

MT NewswiresNov 19 16:56

Wai Kee Holdings' Unit to Sell 76% Equity in Subsidiary for 125 Million Yuan; Shares Down 3%

MT NewswiresNov 19 15:32

Wai Kee Hold (00610.HK) subsidiary sold approximately 75% equity of Wuxi Qianhui sewerage for 0.124 billion yuan.

Wai Kee Hold (00610.HK) and Build King Hold (00240.HK) jointly announced that its subsidiary, Wai Kee China State Construction, on the 18th, signed a sale agreement with Wuxi Huicheng Water Affairs Group and Wuxi Qianhui Sewerage (a subsidiary in which Wai Kee China State Construction holds a 95.576% stake). It is reported that Wai Kee China State Construction agreed to sell a 75.576% stake in Wuxi Qianhui Sewerage to Wuxi Huicheng Water Affairs Group for a consideration of 0.124 billion yuan. Upon completion, Wuxi Qianhui Sewerage will no longer be a subsidiary of Build King and Wai Kee. Wai Kee China State Construction will continue to hold.

AASTOCKSNov 19 08:44