SOCAM DEV plans to sell Ruian Property Management Services Limited for HKD 100 million

Zhitong
2025.09.08 14:58
portai
I'm PortAI, I can summarize articles.

SOCAM DEV announced plans to sell the entire equity of its wholly-owned subsidiary, SOCAM Property Management Services Limited, for HKD 100 million, with expected net proceeds of approximately HKD 47 million. The sale aims to realize the intrinsic value of the target group and reallocate funds to more synergistic businesses