Southeast Asia Properties & Finance agrees to buy Carmen Garden for HK$ 128 million

• Southeast Asia Properties & Finance agreed on October 30, 2026, to acquire Carmen Garden in Hong Kong for HK$ 128 million.
• Wholly owned subsidiary Grampian Realty is buying the property, including five parking spaces, from Speedy Action Development.
• Completion is due by January 29, 2027; the group plans to demolish the existing building for residential redevelopment.
• A HK$ 12.8 million deposit has been paid, with the HK$ 115.2 million balance due at completion.
• The acquisition will be funded through internal resources and bank borrowings.

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. Southeast Asia Properties & Finance 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-20261030-12391685), on October 30, 2026, and is solely responsible for the information contained therein.