Jinhui Holdings has cashed out from two property investments in its bid to improve its liquidity position.
The bulk carrier owner has sold some offices and a car park in Hong Kong for HKD 97.5m ($12.6m) in total.
According to the contracts signed with purchaser Vantage Asia, the first sale will be completed by January and the second by March 2017.
Jinhui expects to book a gain of HKD 15.2m
