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Savills appointed sole agent for public tender sale of 5/F 181 Queen's Road Central

Company media release, 4-May-2016

We note that this investment property is owned by Ming Fai (3828). If it fetches the indicative price of HK$300m then that is worth about $0.425 per share, which we hope would be distributed given the company's existing net cash position of about $0.37 per share. Webb-site founder David Webb holds over 9% of Ming Fai.

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