CARRIANNA (00126) plans to sell 100% equity of Profit Share Investments Limited for HKD 45 million.
Jane (00126) announced that on February 13, 2026, the company's wholly-owned subsidiary, Jane Real Estate Development Limited, plans to sell 100% equity of Profit Share Investments Limited to Silver Chaser Holdings Limited for a price of 45 million Hong Kong dollars.
CARRIANNA (00126) announced that on February 13, 2026, the company's wholly owned subsidiary CARRIANNA Real Estate Development Limited plans to sell 100% equity of Profit Share Investments Limited to Silver Chaser Holdings Limited for a consideration of HK$45 million.
As of the date of this announcement, the target company's sole and only asset is an approximately 4.62% indirect equity interest in the invested group.
The announcement stated that the sale provides the group with an opportunity to realize its investment in the target company and reallocate financial resources for future development. Additionally, the proceeds from the sale will reduce the group's debt. The sale aligns with the group's overall strategic plan. The board of directors believes that the sale will optimize the group's resource allocation and strengthen the group's cash flow.
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