Elec & Eltek International Holdings (EEIH) has transferred all the stake in its indirectly wholly owned property arm in Hong Kong - the E&E Hong Kong Properties Investment (EEPI) - to its Singapore listed subsidiary Elec & Eltek International Co (EEIC) for $37.3 million. EEIC was the group's printed circuit board business and the transaction was expected to be completed on July 1.