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: 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.
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