Brief: Build King Says Unit Bought Entire Shares And Shareholders’ Loans Owed By Sky Grant Investment And Real Best Development

Build King Holdings

01/05/2023 12:17

May 1 (Reuters) - Build King Holdings Ltd  0240.HK :
    * UNIT BOUGHT ENTIRE ISSUED SHARE CAPITAL OF AND
SHAREHOLDERS’
LOANS OWED BY SKY GRANT INVESTMENT AND REAL BEST DEVELOPMENT
    * DEAL FOR HK$369.0 MILLION
    * MAXIMUM EXPECTED LOSS ON DISPOSAL TO CO & WAI KEE TO BE
FIRST
PAYMENT OF HK$37 MILLION & RELATED PROFESSIONAL COSTS & STAMP
DUTY OF HK$40 MILLION

Source text for Eikon:  ID:nHKS5zb6PR 
Further company coverage:  0240.HK 

 ((Reuters.Briefs@thomsonreuters.com;))