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OCT Asia Secures Shareholder Approval for OCT Changshu Investment Sale

PUBT·10/22/2026 14:58:47
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OCT Asia Secures Shareholder Approval for OCT Changshu Investment Sale
  • OCT (Asia) has secured written shareholder approval to sell 100% of OCT (Changshu) Investment and Development through public tender.
  • The minimum price is RMB 90.45 million for the industrial park operator, whose revenue comes mainly from property leasing.
  • The tender opened in October 2026, with completion targeted for the fourth quarter of 2026.
  • A sale at the minimum price would generate estimated net proceeds of RMB 87.55 million and a gain of RMB 13.7 million.
  • Proceeds will principally supplement working capital, supporting a strategy to focus resources on core businesses.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OCT - Overseas Chinese Town (Asia) Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261022-12380576), on October 22, 2026, and is solely responsible for the information contained therein.