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736 — China Properties Investment Holdings News Story

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Brief: China Properties Investment Announces Compulsory Redemption Of Investment Fund

Oct 17 (Reuters) - China Properties Investment Holdings Ltd
 0736.HK :
    * CHINA PROPERTIES INVESTMENT ANNOUNCES COMPULSORY
REDEMPTION OF
INVESTMENT FUND
    * CHINA PROPERTIES INVESTMENT- INVESTMENT ADVISOR INFORMED
THAT
PORTFOLIO WILL BE CLOSING DOWN DUE TO LACK OF OPERATING SCALE
AND SHRINKING AUM OF FUND
    * CHINA PROPERTIES INVESTMENT - EXPECTED THAT GROUP WOULD
RECORD
LOSS OF ABOUT HK$9.5 MILLION UPON COMPLETION OF COMPULSORY
REDEMPTION

Source text for Eikon:  ID:nHKS9Qwq2h 
Further company coverage:  0736.HK 

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

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