Security Engineering Holdings (01627.HK) won a bid for residential land in Hong Kong for 1.627 billion Hong Kong dollars.

Wisdom Finance and Economics App News, ABM Engineering Holdings (01627.HK) announced that on May 19, 2026, its wholly owned subsidiary Excellent Limited received a letter from the Lands Department confirming that its bid for the land (located at Lot No. 54 in Area 106A of Tung Chung City in the New Territories of Hong Kong) has been accepted, with a land price of HKD 1.627 billion.