Affluent Partners (1466) buys 12/F of Henan Building from Mr Chiu Ngai Hung
Company announcement, 23-Mar-2018
They are buying the BVI company that owns it, avoiding 8.5% Double Stamp Duty. However, the price of HK$70m is a 6.9% premium to the $65.5m valuation. No explanation is given for that premium.

• Orgs
  • Affluent Partners Holdings Limited
  • SUMMIT PACIFIC GROUP LIMITED
• People
  • Chiu, Ngai Hung 趙毅雄
• Topics
  • Double Stamp Duty