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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.

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