<p>ZHUGUANG HOLD (01176.HK) announced the sale of a 29.5% stake in SILVER GRANT (00171.HK) to its controlling shareholder Rongde Investment, involving 679 million shares, for a price of HKD 81.59 million, which will be settled by offsetting a loan of HKD 144 million. The estimated confirmed loss from the sale is approximately HKD 289 million</p>

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<p>ZHUGUANG HOLD announced the sale of a 29.5% stake in SILVER GRANT, involving 679 million shares, to its controlling shareholder Rongde Investment for a price of HKD 81.59 million, which will be settled by offsetting a loan of HKD 144 million. The estimated loss from the sale is approximately HKD 289 million</p>

ZHUGUANG HOLD transfers 29.5% stake in SILVER GRANT, selling for 144 million yuan