Rykadan Capital (02288.HK) announced on November 7th that the company periodically conducts strategic reviews of the group's assets to create substantial returns for its shareholders. As part of this review, the group has been seeking opportunities to realize its investment in Rykadan Capital Building located at 135 Waterfront Road, Kowloon, Hong Kong. The group has received a third-party offer to purchase several units and parking spaces held by the group in the Rykadan Capital Building, including the unit currently occupied by the company as its Hong Kong headquarters and main business location, and is negotiating with the third party regarding the sale of these units and parking spaces (the "potential disposal"). If the potential disposal materializes, it is expected to constitute a very substantial disposal under Chapter 14 of the Listing Rules. As of the announcement date, the group has not made any decisions regarding the potential disposal and has not entered into any sale and purchase agreements.

The company has applied to the Stock Exchange for the resumption of trading in the company's shares on the Stock Exchange from 9:00 a.m. on Friday, November 8, 2024.