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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.
Organisations
- Lead Billion Enterprises Limited
- VIVA STAR INTERNATIONAL LIMITED
- Wuxi Life International Holdings Group Limited 悟喜生活國際控股集團有限公司
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