POKFULAM's subsidiary signed a HKD 3.56 million construction contract to renovate a Kowloon industrial building
POKFULAM announced that its wholly-owned subsidiary, POKFULAM Properties, has signed a construction contract worth HKD 3.56 million with a contractor to carry out renovation work on an industrial building located in Kowloon. The contract aims to reinforce the exterior of the property and restore part of its original appearance, and has received authorization from the relevant parties
According to the announcement from POKFULAM (00225), on October 15, 2025, the company's wholly-owned subsidiary, POKFULAM Properties, entered into a construction contract with a contractor. Under this contract, POKFULAM Properties has commissioned the contractor to carry out several renovation works on the property, with a contract amount of HKD 3.56 million. The property refers to the industrial building located at 1163 Guangdong Road, 5B Yalan Street, Kowloon, Hong Kong.
The property is partially owned by Chengfu Properties (the company's wholly-owned subsidiary) and by an independent third party. Several renovation works are planned to reinforce the exterior of the property and restore part of its original appearance. POKFULAM Properties has obtained authorization from Chengfu Properties and the independent third-party owner to enter into the construction contract
