Century C Int'l (00355.HK), Paliburg Hold (00617.HK) and Regal Int'l (00078.HK) jointly announced that Hill Treasure Limited, a subsidiary of Regal, signed a sale and purchase agreement with Bank of America, N.A. yesterday (29th). It is reported that Bank of America, N.A. has conditionally agreed to purchase two sets of V2527M-A5 aircraft engines from Hill Treasure Limited, with a total purchase price of $10.55 million.

According to the announcement, the Regal Group intends to receive the full amount of proceeds from the sale for general operating funds of the Regal Group.