SEA HOLDINGS (00251) subsidiary plans to sell Hong Kong properties for HK$200 million.

SEA HOLDINGS (00251) announces that on July 9, 2026, the seller Aerial King International Limited (an indirect wholly-owned subsidiary of the company), the company (as the seller's guarantor), and the buyer Mrs. Chen Lihong signed an agreement for the sale of the property located at 1 Shouson Hill Road East, Hong Kong, for a total cash consideration of HK$200 million. Taking into consideration the current market condition of the Hong Kong property market, the board of directors believes that the sale provides an opportunity for the company to realize its investment in the property, thereby bringing additional cash flow to the group and enhancing its financial flexibility. The proceeds from the sale are intended to be used for general operating funds and for the future development of the company.