FilingReader Intelligence
Hao Tian International sells majority stake in target company
July 7, 2025 at 01:39 PM UTC•By FilingReader AI
Hao Tian International Construction Investment Group Limited announced the disposal of 85% of the issued share capital of its indirect subsidiary, Alcott Global Limited, for a consideration of HK$900 million. The agreement, dated July 7, 2025, involves Victory Bright Limited, a Hao Tian subsidiary, selling the shares to Soaring Wealth Ventures Limited. The consideration will be settled via the transfer of HK$850 million in Consideration Notes and HK$50 million in cash.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
HKEX:1341•Hong Kong Exchange
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