Brief: CK Asset Announces Termination Of Deal In Relation To Disposal Of Target Group

CK Asset Holdings

13/07/2023 11:43

July 13 (Reuters) - CK Asset Holdings Ltd  1113.HK :
    * TERMINATION OF DISCLOSEABLE TRANSACTIONS IN RELATION TO
DISPOSAL
OF TARGET GROUP
    * ORIC-BORRETT LIMITED FAILED TO PAY FIRST PART PAYMENT OF
HK$1.04
BILLION UNDER AGREEMENT DATED SEPT 28, 2022
    * DEPOSIT IN AMOUNT OF HK$2.08 BILLION PAID BY ORIC-BORRETT
LTD
FORFEITED BY VENDORS

Further company coverage:  1113.HK 

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