Overseas Chinese Town Asia (03366.HK): 100% Equity Interest in Huizhou Project Put Up for Public Listing Sale, Winning Bid Price at Approximately RMB 307 Million

NewTimeSpace News: Overseas Chinese Town Asia announced on 14 July that the public listing procedure for the proposed sale of 100% equity interest in OCT (Huizhou) has been completed. Hont Electronics (Huizhou) Co., Ltd. has been confirmed as the winning bidder with a final consideration of around RMB 307 million.

NewTimeSpace News: On 14 July 2026, Overseas Chinese Town Asia (03366.HK) issued an announcement regarding progress on the proposed sale of 100% equity interest in OCT (Huizhou) via public listing on Shenzhen United Property and Equity Exchange.

The Seller was notified by the designated exchange that Hont Electronics (Huizhou) Co., Ltd. has been selected as the winning bidder through public tendering, with a final consideration of RMB 306,732,900. The parties are expected to enter into the transaction agreement within five business days starting from the day following the notification issued by the designated exchange.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.