Kerry Properties' Unit Agrees To Sell Mid-Levels Portfolio And Assignment Of Shareholder’S Loan

By Reuters News

- Kerry Properties Ltd 0683.HK:

  • UNIT AGREES TO SELL MID-LEVELS PORTFOLIO (GLADDON), AND ASSIGNMENT OF SHAREHOLDER’S LOAN

  • CONSIDERATION FOR DEAL IS HK$56.1 MILLION, SUBJECT TO POST-COMPLETION ADJUSTMENT

  • EXPECTED TO RECORD GAIN OF HK$5 MILLION FROM DISPOSAL


Further company coverage: 0683.HK

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