Ouc Holdings (08067) announced that on December 4, 2024, the seller Hebei Peking Development Zone Ouc Education Consulting Co., Ltd. (a subsidiary of the company, as the seller) and the buyer Beijing Zhoulun Spectrum Technology Co., Ltd. (as the buyer) entered into the agreement, with the buyer agreeing to purchase and the seller agreeing to sell Building No. 1, located in Hebei Peking Development Zone, China, for a price of RMB 11 million.
It is reported that Building No. 1 includes the land use rights of a piece of land in Ouc Holdings, Hebei Peking Development Zone, China, with an estimated total land area of approximately 7483.95 square meters; and buildings and supporting facilities built on it, with a total construction area of approximately 3605.87 square meters. The land use rights are valid until July 13, 2053.