Brief: Build King Says Unit Bought Entire Shares And Shareholders’ Loans Owed By Sky Grant Investment And Real Best Development
01/05/2023 12:17
May 1 (Reuters) - Build King Holdings Ltd 0240.HK :
* UNIT BOUGHT ENTIRE ISSUED SHARE CAPITAL OF AND
SHAREHOLDERS’
LOANS OWED BY SKY GRANT INVESTMENT AND REAL BEST DEVELOPMENT
* DEAL FOR HK$369.0 MILLION
* MAXIMUM EXPECTED LOSS ON DISPOSAL TO CO & WAI KEE TO BE
FIRST
PAYMENT OF HK$37 MILLION & RELATED PROFESSIONAL COSTS & STAMP
DUTY OF HK$40 MILLION
Source text for Eikon: ID:nHKS5zb6PR
Further company coverage: 0240.HK
((Reuters.Briefs@thomsonreuters.com;))
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