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Zhitong Financial App News, Far East Development (00035.HK) announced that on December 8, 2025, the company's wholly-owned subsidiaries FEC Holdings and FEC Hotel entered into a sales agreement with the buyer The Generation Essentials Group (NYSE: TGE) as sellers. The seller conditionally agreed to sell and the buyer conditionally agreed to buy sales shares (operating company RC Perth Operations Pty Ltd and the property company Perth FEC Pty Ltd's 50% issued shares at the date of completion) and a sales loan at a total cost of 100 million Australian dollars (equivalent to approximately HK$515 million).

Zhitongcaijing·12/08/2025 13:09:13
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Zhitong Financial App News, Far East Development (00035.HK) announced that on December 8, 2025, the company's wholly-owned subsidiaries FEC Holdings and FEC Hotel entered into a sales agreement with the buyer The Generation Essentials Group (NYSE: TGE) as sellers. The seller conditionally agreed to sell and the buyer conditionally agreed to buy sales shares (operating company RC Perth Operations Pty Ltd and the property company Perth FEC Pty Ltd's 50% issued shares at the date of completion) and a sales loan at a total cost of 100 million Australian dollars (equivalent to approximately HK$515 million).