Brief: Winfair Investment Co Updates On Acquisition Of Property
06/09/2019 11:57
Sept 6 (Reuters) - 75Winfair Investment Co Ltd 0287.HK :
* UPDATES ON ACQUISITION OF PROPERTY
* DUE TO RECENT SOCIAL UNREST IN HONG KONG, UNCERTAINTY OF
ECONOMY,UNIT ENTERED INTO A SUPPLEMENTAL AGREEMENT WITH SELLER
* ACQUISITION IS EXPECTED TO BE COMPLETED ON 10 SEPTEMBER
2019 AS
SCHEDULED
* UNDER SUPPLEMENTAL AGREEMENT PURCHASE PRICE OF PROPERTY
REDUCED
TO HK$383.4 MILLION IN LIEU OF HK$410 MILLION STATED IN FORMAL
AGREEMENT
Source text for Eikon: urn:newsml:reuters.com:*:nHKS1H6M6f
Further company coverage: 0287.HK
((Reuters.Briefs@thomsonreuters.com;))
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