Latest Announcements & 2026 Annual Report Summary – ASIASEC PROPERTIES LIMITED (271.HK)

2026-10-12

10 shares for each share; 1 share for 1 share, 124,066,894 shares issued, accounting for 100% of the issued share capital, offer price: HK $1.22, net proceeds of HK $149.56 million

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The principal activities of the Group are property investment, property leasing and estate management.

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The Group also has unutilised facility from the intermediate holding company and its subsidiary with aggregate amount of HK$550,000,000 as at 30th June, 2026.

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the Directors have, at the date of approving the condensed consolidated financial statements, a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the condensed consolidated financial statements.

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Source:HKEXnews

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