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Media Chinese International agrees to sell Canada industrial property for CAD 6.85 million

PUBT·09/03/2026 10:06:05
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Media Chinese International agrees to sell Canada industrial property for CAD 6.85 million
  • Media Chinese International agreed to sell a vacant industrial property in Richmond, British Columbia for CAD 6.85 million.
  • Deal signed Sept. 2, 2026; closing set for Dec. 1, 2026, subject to buyer due diligence by Sept. 28, 2026.
  • Deposit of CAD 400,000 due within one business day of condition removal; remaining consideration payable by completion.
  • Transaction expected to generate an unaudited gain of about CAD 5.26 million versus net book value of CAD 1.29 million.
  • Net proceeds estimated at about CAD 6.55 million, earmarked for general working capital within 12 months of completion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Media Chinese International Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260903-12319026), on September 03, 2026, and is solely responsible for the information contained therein.