Hanison (0896) sells 50% stake in 57A Nga Tsin Wai Rd, Kowloon to Angelo Gordon partnership
Company announcement, 31-Mar-2021
The site, held by subsidiary Fortune Shiner Development Ltd, was acquired for HK$240m on 25-Jan-2017. Hanison expects to book a gain of HK$51.034m before transaction costs.

• Orgs
  • AG Real Estate Manager, Inc.
  • AGR X Asia Member GP, L.L.C.
  • Capital Green Holdings Limited
  • Hanison Construction Holdings (BVI) Limited
  • HANISON CONSTRUCTION HOLDINGS LIMITED
  • Honour Advent Limited
  • KLT Holdings (BVI) L.P.
  • Prime Success Global Limited
  • Prosper Jade Limited

Hanison (0896) buys 57A Nga Tsin Wai Rd, Kowloon for HK$240m
Company announcement, 25-Jan-2017
The vendor, Henry Brothers Enterprises Co Ltd, was incorporated in 1958. The site should be a residential development.

• Orgs
  • HANISON CONSTRUCTION HOLDINGS LIMITED
  • HENRY BROTHERS ENTERPRISES COMPANY, LIMITED