Fujian Holdings (HKG:0181) announces that it has entered into a provisional agreement with Asia Prince Limited to sell the property of Shop 65 on the Ground Floor of Shaukiwan Center, No. 407 Shau Ki Wan Road, Hong Kong with a total gross floor area of approximately 397 square feet at a total consideration of HK$4.38 million.

It is expected that a net gain of approximately HK$866,200 can be realized as a result of the disposal. The company intends to use the net proceeds for general working capital of the group.