Landsea Green Management Completes Disposal of Shares in Landsea Homes

MT Newswires Live

2024-12-12

Landsea Green Management (HKG:0106) completed a further disposal of 378,260 option shares in Nadsaq-listed Landsea Homes for around $3.9 million, according to a filing with the Singapore Exchange on Wednesday.

Proceeds from the disposal will be used to repay Landsea Homes' loans.

Following the completion of the recent disposal, Landsea Green's stock held in Landsea Homes has decreased to 6,135,151, representing 16.9% of the total issued and outstanding shares of the Nasdaq-listed green home builder.

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