Brief: S E A Holdings Announces Disposal Of 50% Interests In JV Co
23/12/2022 10:31
Dec 23 (Reuters) - S E A Holdings Ltd 0251.HK :
* DISPOSAL OF 50% INTERESTS IN JV COMPANY
* CO AND HON KWOK LAND INVESTMENT COMPANY HAVE AGREED TO
ESTABLISH
A JOINT VENTURE IN JV COMPANY
* JV CO HOLDING LAND IN REPULSE BAY, HK FOR CONSTRUCTION AND
DEVELOPMENT INTO LUXURY RESIDENCES
* TO PROCURE SOUTH BAY DEVELOPMENTS TO RESPECTIVELY SELL 50%
OF
ISSUED SHARES IN JV CO, ASSIGN 50% OF SHAREHOLDER'S LOANS TO HKL
Further company coverage: 0251.HK
((Reuters.Briefs@thomsonreuters.com;))
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