Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
JD-SW Acquires Office Floors in Central's CCB Tower, Expresses Continued Optimism for HK Development
Recommend 3 Positive 11 Negative 4 |
||||
|
||||
|
LAI SUN INT'L (00191.HK) and LAI SUN DEV (00488.HK) previously announced the sale of certain office floors in the CCB Tower in Central, with a transaction price at agreed-upon property value of HKD3.498 billion, and an estimated consideration of approximately HKD3.473 billion, subject to relevant approvals. The acquirer, Jasmine Investment Development IV, is an investment entity controlled by JD-SW (09618.HK). JD stated that the group remains optimistic about its development in Hong Kong and will continue to invest in supply chain integration to enhance its retail, logistics, and technology R&D operations in Hong Kong, serving the local market. The group also mentioned that it has dabbled into Hong Kong market for a decade, from logistics infrastructure to offline retail entities, and from academic-industry research collaboration to optimism about the Hong Kong stock market. This office upgrade is seen by the market as a symbol of JD's commitment to Hong Kong development. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
