Aurum Pacific (8148) buys 21/F, Henan Building from Mr Chiu Ngai Hung
Company announcement, 11-May-2016
They are buying the BVI company that owns the property, avoiding 8.5% Double Stamp Duty. However, the price is 12.5% above the independent valuation, and no explanation is given for that premium.

• Orgs
  • VIVA STAR INTERNATIONAL LIMITED
  • Wuxi Life International Holdings Group Limited
• People
  • Chiu, Ngai Hung 趙毅雄
• Topics
  • Double Stamp Duty