• Far East Consortium completed the sale of Charter Joy on July 17, 2026, transferring a Hong Kong student-accommodation property with about 65,285 sq ft.
• Purchase price estimated at no more than HKD 755 million, including an agreed HKD 750 million property value.
• The property’s audited net book value was HKD 265.9 million as of March 31, 2026; the target’s audited net book value was HKD 289.4 million.
• A three-year management agreement keeps the seller as operator; the owner receives guaranteed income capped at HKD 45 million per year.
• Group exposure under the guaranteed income totals up to HKD 135 million over the term; accounting treatment under review as a possible operating lease.

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. Far East Consortium International Ltd. 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-20260720-12248981), on July 19, 2026, and is solely responsible for the information contained therein.