CENTURY C INT'L has completed the sale of a property holding company

Zhitong
2025.09.29 14:41
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CENTURY C INT'L, PALIBURG HOLD, and REGAL INT'L jointly announced that all the conditions precedent to the share purchase agreement have been fulfilled, and the transaction will be completed on September 29, 2025. Upon completion, the target company will no longer be a subsidiary of CENTURY C INT'L, PALIBURG HOLD, and REGAL INT'L, and its financial performance will no longer be consolidated into the financial statements of CENTURY C INT'L, PALIBURG HOLD, and REGAL INT'L

According to the Zhitong Finance APP, CENTURY C INT'L (00355), PALIBURG HOLD (00617), and REGAL INT'L (00078) issued a joint announcement. The boards of directors of CENTURY C, PALIBURG, and Regal are pleased to announce that all the conditions precedent under the share purchase agreement have been fulfilled, and the parties to the agreement have jointly agreed to complete the transaction on September 29, 2025, in accordance with the terms and conditions of the share purchase agreement. Upon completion, the target company will no longer be a subsidiary of CENTURY C, PALIBURG, and Regal, and the financial performance of the target company will no longer be consolidated into the consolidated financial statements of CENTURY C, PALIBURG, and Regal