Gelonghui March 1 | World Chinese Media (00685.HK) announced that on November 29, 2023, Nanyang Newspaper Holdings Co., Ltd. (seller), a wholly-owned subsidiary of the company, entered into a sales agreement with Dexinli Enterprise Private Limited (buyer) to sell a two-storey building located at No. 24, 24A & 24B, Weld Quay (Jalan Pengkalan Weld), 10300 Pulau Pinang, Malaysia at a total cost of MYR 3.5 million.
The company's board of directors is pleased to announce that the proposed sale was completed on March 1, 2024. Upon completion, the seller ceased to be the owner of the property.
