Yuexiu Properties announced on 28 November 2024 that the process for the publicly listed sale of the subsidiary's shares has been completed. The Guangdong Unified Property Exchange Centre has received applications and tenders from the interested parties and will inform the seller of the identity of the final transferee. If a potential sale materialises, which may constitute a publicable and/or connected transaction, subject to the provisions of Chapter 14 and Chapter 14A of the Listing Rules.Yuexiu Properties stated that the asset-backed securities scheme involved in the potential sale does not constitute a reportable transaction under Chapter 14 of the Listing Rules. The Company will publish a separate announcement in accordance with the Listing Rules as necessary. As a potential sale is...Show More

Yuexiu Properties announced on 28 November 2024 that the process for the publicly listed sale of the subsidiary's shares has been completed. The Guangdong Unified Property Exchange Centre has received applications and tenders from the interested parties and will inform the seller of the identity of the final transferee. If a potential sale materialises, which may constitute a publicable and/or connected transaction, subject to the provisions of Chapter 14 and Chapter 14A of the Listing Rules.Yuexiu Properties stated that the asset-backed securities scheme involved in the potential sale does not constitute a reportable transaction under Chapter 14 of the Listing Rules. The Company will publish a separate announcement in accordance with the Listing Rules as necessary. As a potential sale is not necessarily consummated, shareholders and potential investors should exercise caution when buying and selling the company's securities.The announcement was made by the Representative Board of Directors of the Company Secretary Yu Da Fung. Members of the Board include Executive Directors Lin Zhaoyuan (Chairman), Zhu Huisong, Ha Yuping, Chen Jing and Liu Yan, Non-Executive Directors Zhang Yibing and Su Junjie, Independent Non-Executive Directors Yu Lifa, Li Jia-Lin, Liu Han Chuen and Zhang Jiansheng.