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Huasheng International Units to Acquire Four Hong Kong Properties
HUASHENG INTL (01323.HK) has entered into a property purchase agreement.
On April 9, Gelonghui reported that HUASHENG INTL (01323.HK) announced a purchase agreement was established between the buyer (a wholly-owned subsidiary of the company) and the seller for the acquisition on April 9, 2025. According to the purchase agreement, the buyer agrees to purchase at the price, and the seller agrees to sell the properties at the price. The properties are located at Units 15-21, Hualian Industrial Center, Huangzhu Alley, Fo Tan, Sha Tin, New Territories. Property 1, Property 2, and Property 3 are currently leased by Seller A, while Property 4 is currently used by Seller B. The total price for the acquisition is HK$16,500,000. The Board of Directors believes that this acquisition will provide opportunities for the group.
HUASHENG INTL (01323) intends to acquire four industrial building units.
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HUASHENG INTL (01323.HK) invested 40 million to purchase convertible bonds with an annual interest rate of 8%.
HUASHENG INTL (01323.HK) announced the subscription of independent third party Saveur Limited's issuing principal amount of 40 million Yuan four-year convertible Bonds, with an annual interest rate of 8%.