I-Cable Communications' Unit to Sell Asia Pacific IP Addresses to MongoDB for $2 Million
MT Newswires Live2024-12-17
I-Cable Communications' (HKG:1097) subsidiary Hong Kong Cable Television agreed to sell certain internet protocol addresses to MongoDB for $2.1 million, a Monday Hong Kong bourse filing said.
The internet protocol addresses belong to the subset of 218.254.0.0/16 and are registered under Hong Kong Cable Television's account at the Asia Pacific Network Information Centre.
The group stands to make a gain of HK$15.6 million, equivalent to the net proceeds from the disposal, and the company plans to use them for the group's general working capital.
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