Picture of Kerry Properties logo

683 — Kerry Properties News Story

0.000.00%
hk flag iconLast trade - 00:00
FinancialsBalancedLarge CapValue Trap

Brief: Kerry Properties' Unit Agrees To Sell Mid-Levels Portfolio And Assignment Of Shareholder’S Loan

BRIEF-Kerry Properties' Unit Agrees To Sell Mid-Levels Portfolio And Assignment Of Shareholder’S Loan

- Kerry Properties Ltd 0683.HK:

  • UNIT AGREES TO SELL MID-LEVELS PORTFOLIO (GLADDON), AND ASSIGNMENT OF SHAREHOLDER’S LOAN

  • CONSIDERATION FOR DEAL IS HK$56.1 MILLION, SUBJECT TO POST-COMPLETION ADJUSTMENT

  • EXPECTED TO RECORD GAIN OF HK$5 MILLION FROM DISPOSAL


Further company coverage: 0683.HK


((reuters.briefs@thomsonreuters.com))

Recent news on Kerry Properties

See all news