Shirble Department Store Units to Sell Property Development Wing

MT Newswires Live

2025/04/22

Two units of Shirble Department Store Holdings (China) (HKG:0312) agreed to sell Zhuhai Xiangyao Real Estate Development to Zhuhai Hangmeng Times Technology for 1.6 million yuan, a Tuesday filing with the Hong Kong bourse said.

The units, Shenzhen Qianhai Baotong E-commerce and Shenzhen Qingyi Information Consulting, hold 90% and 10% stakes in the target company, respectively.

Zhuhai Xiangyao Real Estate Development engages mainly in the property development business.

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