Changes in Hong Kong stocks | Kaza Tianjiao (02223) increases 50% subsidiary plans to sell all shares of Reputation International for HK$50 million, and proposes a special interest rate of HK$0.31 per share

The Zhitong Finance App learned that the stock price of Casa Tianjiao (02223) strengthened. As of press release, it had risen 50.00% to HK$0.78, with a turnover of HK$2.4066 million.

According to the news, on the evening of November 6, Casablanca Home Holdings Limited announced that after the trading session on November 6, 2026, its direct wholly-owned subsidiary Casablanca Home Holdings Limited entered into a share purchase agreement with Buyer Asset International Holdings Limited to sell the entire issued share capital of the target company Junyu International Investment Co., Ltd. at a cost of HK$50 million.

The unaudited net asset value of the target group as at 31 October 2026 is approximately HK$495.21,000, and the net proceeds from the sale are estimated to be approximately HK$49.1 million, which will be used to improve working capital. The board of directors also recommended the payment of a special dividend of HK$0.31 per share, totaling approximately HK$80 million, subject to approval of the sale resolution at the Extraordinary General Meeting of Shareholders.