Food Distributors(IN20296.HK)

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Food Distributors
IN20296.HK
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China Wantian to sell 100 ordinary shares in Better Joy

China Wantian to sell 100 ordinary shares in Better Joy

marketscreener·
HK
01854
-0.78%
marketscreener·
HK
01854
-0.78%

CHINA WANTIAN Holdings sells Kwai Chung industrial property, realizing HKD 46.5 million

CHINA WANTIAN announced the sale of two groups of properties to an independent third party, including Factory A, E, F, and J on the 3rd floor of Kwan Tak Industrial Centre, Kwai Chung, New Territories, as well as Factory D on the 4th floor of the same building, along with 3 parking spaces, for a cash consideration of HKD 46.5 million. The estimated sale proceeds are approximately HKD 2.65 million. After completion, the group will lease back the 3rd floor factory property for one year at a monthly rent of HKD 120,000

AASTOCKS·
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-0.78%
AASTOCKS·
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China Wantian Sells Property-Holding Unit for HK$46.5 Million with One-Year Leaseback

China Wantian Holdings Limited has sold a property-holding subsidiary for HK$46.5 million, which includes industrial workshops and car parks in Kwai Chung. The company will lease back part of the properties for one year at HK$120,000 per month to ensure continuity in its food supply operations. This transaction is classified as a discloseable transaction under Hong Kong listing rules, allowing the company to unlock value while retaining access to essential facilities. The current analyst rating for the stock is a Hold with a price target of HK$1.00.

Tip Ranks·
HK
01854
-0.78%
Tip Ranks·
HK
01854
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China Wantian Sells Property Subsidiaries and Leases Back Assets

China Wantian Holdings Ltd. has agreed to sell its entire interest in Better Joy Limited and two property-holding subsidiaries to Lee Wing Sun. The deal includes a leaseback arrangement, allowing the company to continue using the properties post-sale. The agreement was reached on January 9, 2026, with completion subject to conditions and a long stop date of March 31, 2026.

Reuters·
HK
01854
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Reuters·
HK
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Cool Link (Holdings) Ltd. Extends Timeline for Use of Rights Issue Proceeds, Plans Continued Search for Merger and Acquisition Opportunities in Food and Healthcare Sectors

Cool Link (Holdings) Ltd. has extended the timeline for utilizing proceeds from its Rights Issue, now expected to complete by the second half of 2026. Initially planning to allocate HK$30 million for mergers and acquisitions in the food and healthcare sectors by December 2025, the company will continue to seek new opportunities after failing to finalize a previous transaction. The identification and assessment of potential targets will take an additional six to nine months.

Reuters·
HK
08578
0.00%
HK
08491
-1.06%
Reuters·
HK
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HK
08491
-1.06%
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