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Emperor Int'l (HKG:0163) buys Repulse Bay ppt at $15.6M[Date:07-09-2012]
Source: Infocast News


Emperor International Holdings Limited (HKG:0163) announced that it has agreed to acquire from Eastluck 3.05% of the issued share capital of Levin and Eastluck's loan advanced to Levin, for a consideration of HK$15.6 million.

Upon completion of the acquisition, Emperor International will hold 100% of the property, also known as The Pulse is located at 26-30 Beach Road, Repulse Bay, Hong Kong and having a total gross floor area of 143,437 square feet.

The Company is of the view that the acquisition will enable it to consolidate its shareholding and economic interests in the property.

Eastluck is indirectly whollyowned by a trustee of a discretionary trust, the beneficiaries of which are family members of Sonny Yeung, who is the brother of Albert Yeung, chairman of the Company.
 
aus der Diskussion: Emperor International Holdings - KGV von 1,2!
Autor (Datum des Eintrages): makratea  (11.07.12 09:00:17)
Beitrag: 4 von 58 (ID:43372608)
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