GROUP DRAGON INVESTMENTS LIMITED

China Strategic (0235): HK$190m acquisition from Mr Chan Chung Chiu, 30-Sep-2003
Company filing, 26-May-2006
This HK$190m acquisition was unannounced, but showed up in documents on display on 26-May-2006. The purchaser was 100% owned by China Strategic. Completion occurred in Oct-2003. The target was later renamed Zhuhai Zhongce Property Investment Ltd and distributed as a subsidiary of Group Dragon Investments Ltd which was acquired by Hanny Holdings Ltd (0275) which sold it in the year to 31-Mar-2008 to an unnamed party at a loss of $99.29m.

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