ITC Properties (00199) announced that after the close of trading hours on the Stock Exchange on April 30, 2024, the companygamechangingcryptoGreat Intelligence Limited, an indirect wholly-owned subsidiary of the company, intends to sell the property to Mexfair Limited for a consideration of 2gamechangingcrypto.60 million Hong Kong dollars. The Group currently expects to achieve a disposal loss of approximately HK$4 million upon completion.
The property to be sold by the vendor includes the property, which is located on the entire floor of the 30th floor of Bank of America Center, 12 Harcourt Road, Central, Hong Kong, with a floor area of approximately 13,880 square feetgamechangingcrypto; and parking spaces, namely four parking spaces numbered 4043, 4087, 4088 and 4089 respectively located on the 4th floor of Bank of America Center, 12 Harcourt Road, Central, Hong Kong. The property serves as the group's headquarters in Hong Kong.
