other material
confidence high
sentiment negative
materiality 0.60
Sale of 241 acres in Pu'ukoli'i Village terminated; buyer did not proceed by Nov 15, 2024
KAANAPALI LAND LLC
- PVM Sales Agreement with Kauhale Development LLC terminated due to buyer's failure to deliver notice to proceed.
- Transaction covered approximately 241 acres within Pu'ukoli'i Village Mauka near Lahaina, Hawaii.
- Escrowed funds provided by buyer are being released in accordance with agreement terms.