Superactive GP faces HK$70.00 million loss after enforced sale of Shun Tak Centre assets; HK$126.57 million debt remains and Hong Kong office relocates

Bulletin Express06-09

Superactive Group Company Limited (Superactive GP) reported that receivers appointed by Hang Seng Bank completed the enforced disposal of six office units in Shun Tak Centre, Sheung Wan.

The sale generated HK$132.00 million, which was applied to the group’s outstanding term loans. After offsetting HK$49.80 million due from Best Success Investment and HK$75.48 million due from Force China, the group still owes Hang Seng Bank HK$98.23 million in principal and HK$28.34 million in accrued interest, totalling HK$126.57 million.

The book value of the properties stood at HK$202.00 million as of 30 January 2026. Based on the sale proceeds, management expects to record a disposal loss of about HK$70.00 million, subject to final audit. Following completion, the group no longer holds any interest in the disposed assets.

Superactive GP stated that the enforcement action currently has no significant impact on its business operations.

Separately, the company has moved its principal place of business in Hong Kong to Room 903, 9/F, Siu On Centre, 188 Lockhart Road, Wanchai, while telephone and fax numbers remain unchanged.

Trading in Superactive GP’s shares has been suspended since 1 April 2025 and will continue until all resumption requirements set by the Stock Exchange are met.

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