Aug 29 (Reuters) - Imperium Crown Ltd IMPE.SI :
* UPDATE ON DEVELOPMENTS OF GROUP IN PEOPLE'S REPUBLIC OF
CHINA
* LOCAL GOVERNMENT HAS INITIATED DISCUSSIONS TO ACQUIRE
GROUP'S
PROPERTY PORTFOLIO IN PRC, COMPRISING WONDER STONE PARK HOTEL
* AS OF 30 JUNE CARRYING AMOUNT OF CHINA PROPERTY PORTFOLIO
IS
S$20.7 MILLION
* CO IS CURRENTLY CONSIDERING OTHER OPPORTUNITIES FOR GROWTH
AND
CONTINUES TO EVALUATE ITS OPTIONS
Source text for Eikon: ID:nSN3lFzT6
Further company coverage: IMPE.SI
((Reuters.Briefs@thomsonreuters.com;))