YUZHOU GROUP (01628.HK): Completes Disposal of Central Centre Offices; Leaseback Terms Pending

NewTimeSpace News: On 2 October 2026, Yuzhou Group Holdings Limited (stock code: 01628) announced that, in respect of the very substantial disposal of the property, all conditions precedent under the preliminary agreement and the formal agreement had been fulfilled and completion took place on 2 October 2026 in accordance with their terms.

Upon completion, the Group no longer owns the property, namely Rooms 5801, 5802, 5803, 5805, 5806 and 5813 on the 58th floor of The Center, 99 Queen's Road Central, Hong Kong.

Under the preliminary agreement and the formal agreement, the buyer is required to lease the property back to the seller upon completion. As at the date of the announcement, the Company is still discussing the terms of the sale-and-leaseback arrangement with the buyer, and the final terms have not yet been agreed. The Company will assess the Listing Rules implications once the terms are finalised and will issue further announcements in due course where required under the Listing Rules. Reference is made to the Company's announcement dated 16 June 2026, the circular dated 28 July 2026 and the announcement dated 14 August 2026 on the EGM poll results.

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