I-CABLE COMM (01097) announced that on December 16, 2024, its indirectly wholly-owned subsidiary will enter into an IPv4 purchase agreement with the buyer and the custodian agent, whereby I-CABLE COMM will sell and the buyer will purchase number resources for a total price of 2.0972 million USD (approximately 16.358 million HKD).

The group has IP address inventory for its daily Business use. Some of the IP addresses have been inactive for a period. Through the sale transaction, the group has the opportunity to monetize its unused number resources, and the obtained resources can be used as general working capital for the group.