Hin Sang Group agrees HK$ 98 million sale of Shatin industrial property, car park

• Hin Sang Group agreed to sell an industrial property in Shatin for HK$98 million under a provisional deal signed on Sept. 11, 2026.
• Asset includes 19 workshop units, two flat roofs, one car parking space; completion due on or before Jan. 26, 2027.
• Net proceeds expected at about HK$96.5 million; about HK$85.1 million earmarked to repay secured bank borrowings tied to the property.
• Estimated loss of about HK$23.9 million versus a carrying value of HK$120.4 million as of March 31, 2026.
• Transaction is a major transaction under Hong Kong listing rules; shareholder approval will be sought at an EGM.

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. Hin Sang Group (International) Holding Co. 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-20260913-12330395), on September 13, 2026, and is solely responsible for the information contained therein.