Demonstrating Confidence and Creating Value
On
Pursuant to the 2023 annual general meeting of SF Intra-city held on
The Proposed Share Repurchase is intended to be financed by the Group’s own financial resources other than proceeds from the listing of the H Shares on the Main Board of The Stock Exchange of Hong Kong Limited in
The Group believes that a share repurchase in the present market conditions will demonstrate the Company’s confidence in its own business outlook and prospects and would, ultimately, benefit the Group and create value for the shareholders.
SF Intra-city stated that the share repurchase demonstrates the Group’s confidence in its business development and prospects, conveying a positive signal to the market and investors. It will enhance investors’ understanding of the Company’s potential to increase earnings per share and improve the attractiveness of the Group’s financial indicators. This aims to deliver greater value and returns to its shareholders and investors.