HERALD HOLD plans to spend HKD 81.5 million to purchase property in Hong Kong
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HERALD HOLD announced plans to purchase the property located at Room B, 18th Floor, Block 2, The Peak, 23 Old Peak Road, Hong Kong, through its wholly-owned subsidiary, Herald Property Limited, for HKD 81.5 million on October 30, 2025. The property is currently leased by HMPL as part of Dr. Zhang Zengji's compensation package. The board believes that, considering the interest rate cuts and market improvements, the purchase of this property represents an attractive investment opportunity that will help diversify the group's investment portfolio
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