Brief: Winfull Group Holdings' Unit To Subscribe For Participation In TKO Fund
05/10/2018 14:29
Oct 5 (Reuters) - Winfull Group Holdings Ltd 0183.HK :
* UNIT TO SUBSCRIBE FOR A PARTICIPATION IN TKO FUND WITH
CAPITAL
COMMITMENT OF HK$30 MILLION
* OBJECTIVE OF TKO FUND IS TO CO-INVEST WITH AN
INSTITUTIONAL
INVESTOR IN THREE PROPERTIES IN TSEUNG KWAN O
* TOTAL EQUITY INVESTMENT AMOUNT FOR WHOLE INVESTMENT OF
PROPERTIES IS ABOUT HK$1,950 MILLION
* INSTITUTIONAL INVESTOR & TKO FUND WILL FORM A JV; JV TO BE
OWNED
BY INSTITUTIONAL INVESTOR AND TKO FUND AS TO 50 PERCENT EACH
Source text for Eikon: ID:nHKS3F8Nt5
Further company coverage: 0183.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Winfull group
See all newsBrief: Winfull Group Sees Loss Attributable To Decrease Between 30% And 40% For HY
Brief: Winfull Group Says Unit Agrees To Sell Property Located At Skye Niseko For JPY280 Million
Brief: Winfull Group Expects Significant Decrease In Loss For FY
Brief: Winfull Group Says Unit To Subscribe For Wealth Management Product
Brief: Winfull Group Subscribes 2Nd EG Bonds For USD5 Million