Century Construction (00079) sold a total of 180,000 Lingzhan Real Estate Fund units

According to Zhitong Finance App, Century Construction (00079) announced that on July 14, 2026, the Company sold a total of 180,000 Lingzhan Real Estate Fund units on the market through its wholly-owned subsidiary. The average sales price was approximately HK$37.90 per Lingzhan Real Estate Fund unit, and the total proceeds from the sale were HK$6.8212 million (not including transaction costs). After the sale, the Group held 421,100 Lingzhan Real Estate Fund units.

The purpose of the sale was to reallocate resources and investment portfolios for the Group. After the completion of the sale, the Group expects to confirm a profit of approximately HK$251,200. The amount is calculated based on the difference between the book value of the Group's sale of the Lingzhan Real Estate Fund on June 30, 2026 and the total amount of proceeds from the sale (not including transaction costs). The Group intends to use the proceeds of the sale to invest in the Group's general working capital or other securities (where appropriate).

The sale is carried out at the current market price. The directors believe that the sale can increase the company's working capital, is fair and reasonable, and is carried out in accordance with normal commercial terms, which conforms to the overall interests of the Company and its shareholders.