Crocodile Garments Sells Kowloon Bay Property for HK$22.8 Million

Stock News

Sep 11

CROCODILE (00122) announced on September 11, 2026, that its indirect wholly-owned subsidiary, Public Global Investment Limited, has agreed to sell workshops and storerooms located on the 20th floor of Liberta Centre, No. 50 Hoi Yuen Road, Kwun Tong, Kowloon, Hong Kong, to Infinity Bright Capital Limited for a consideration of HK$22.8 million.

The property comprises units 1, 2, 3, 5, 6, 7, 8, and 9 of the 20th floor. The group anticipates recording a loss of approximately HK$10.59 million from the disposal.

The company believes the sale presents a timely opportunity to monetize a portion of its non-core assets, specifically this property, aiming to enhance overall liquidity and strengthen the group's financial flexibility.

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The group anticipates recording a loss of approximately HK$10.59 million from the disposal.<br><br>The company believes the sale presents a timely opportunity to monetize a portion of its non-core assets, specifically this property, aiming to enhance overall liquidity and strengthen the group's financial flexibility.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1542","symbol_name":"内地物业管理股","start_time":0,"source_url":"","article_id":"1129152064","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129152064","pubTimestamp":1789128490,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CROCODILE (00122) announced on September 11, 2026, that its indirect wholly-owned subsidiary, Public Global Investment Limited, has agreed to sell workshops and storerooms located on the 20th floor...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1542":"内地物业管理股","00122":"鳄鱼恤","BK1258":"房地产运营公司","BK1227":"服装、服饰与奢侈品","BK1229":"房地产经营公司","03913":"合景悠活"},"translate_title":"鳄鱼服装以2280万港元出售九龙湾物业","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03913":1,"00122":1},"content_text":"CROCODILE (00122) announced on September 11, 2026, that its indirect wholly-owned subsidiary, Public Global Investment Limited, has agreed to sell workshops and storerooms located on the 20th floor of Liberta Centre, No. 50 Hoi Yuen Road, Kwun Tong, Kowloon, Hong Kong, to Infinity Bright Capital Limited for a consideration of HK$22.8 million.The property comprises units 1, 2, 3, 5, 6, 7, 8, and 9 of the 20th floor. 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