Hanison Construction Holdings LimitedHKEX: 896

Major and Connected Transaction in relation to Disposal of Equity Interests in the Target

· Issued by Hanison Construction Holdings Limited via HKEXnews

Filed with HKEX · Stock code 896 · · 10 pages · English

Summary by 6ix AI

Hanison Construction Holdings Limited has announced a major and connected transaction regarding the disposal of equity interests in a target company. The vendor, a wholly-owned subsidiary of the company, has entered into a sale and purchase agreement to sell the entire issued share capital of the target, which holds significant interests in a PRC company. The transaction is subject to various conditions and requires shareholder approval due to its classification as a major transaction under listing rules. The company expects to record a gain from the disposal, which will impact its financial results upon completion.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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