Brief: Gemini Investments Says Property In U.S Subject To Forced Sale Process

Gemini Investments Holdings

29/04/2022 16:34

April 29 (Reuters) - Gemini Investments Holdings Ltd
 0174.HK :
    * GEMINI INVESTMENTS HOLDINGS -  PROPERTY LOCATED IN
WASHINGTON,
U.S. AND INDIRECTLY HELD BY A FUND UNDER CO'S UNIT IS SUBJECT TO
FORCED SALE PROCESS
    * GEMINI INVESTMENTS - UNAUDITED CARRYING VALUE OF PROPERTY
AS AT
31 MARCH OF ABOUT $345 MILLION
    * GEMINI INVESTMENTS -  CONSIDERATION IN RELATION TO SALE OF
PROPERTY IN WASHINGTON IS EXPECTED TO BE ABOUT $417 MILLION

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