Brief: Kenford Group enters agreement to sell property for HK$53.1 mln

China In-Tech

08/03/2017 14:50

March 9 (Reuters) - Kenford Group Holdings Ltd  0464.HK : 
    * Vendor (a unit of the company) entered into preliminary 
agreement with purchaser 
    * Purchaser is Castle Capital Limited 
    * Deal for consideration of HK$53.1 million 
    * Disposal is expected to enable company to recognise a gain 
of approximately HK$2 million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS43n0vZ 
Further company coverage:  0464.HK  
 
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