QUAM PLUS FIN (00952) intends to sell residential property in the United States for $7.5 million.

date
22:20 22/10/2025
avatar
GMT Eight
Huafu Jianye Finance (00952) announced on October 22, 2025, that its indirect wholly-owned subsidiary Caiya Investment...
As disclosed by QUAM PLUS FIN (00952), on October 22, 2025, the company's indirectly wholly-owned subsidiary, Cayia Investments Limited, plans to sell a residential property located at 1111 Tournament Drive, Hillsborough, CA 94010, County of San Mateo, State of California, the United States, to Mr. Trapit Bansal and Mrs. Akansha Singh Bansal for a consideration of $7.5 million. The Group is expected to recognize a gain of approximately $100,000 from the sale of the property (excluding related transaction costs and expenses). The property is a two-story detached villa with a total built-up area of approximately 6,520 square feet (approximately 606 square meters), situated on a plot of land with a total area of approximately 0.71 acres (approximately 30,900 square feet), and was constructed in 1995.