Java Holdings Sells Shouson Hill Property in Hong Kong for HK$200M

According to a recent statement, Java Holdings (00251) sold its property at 1 Shouson Hill Road East in Hong Kong for HK$200 million. The company expects to record total proceeds of approximately HK$10.1 million (before transaction costs and expenses). The transaction will generate net cash of around HK$103 million, which will be used for general operating funds and the company's future development.
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