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Teamway (1239) agreement for purchase of Gorgeous Assets Ltd dated 13-May-2016

Company filing, 31-Jan-2018

The agreement is published online due to a takeover offer for Teamway. At 31-Dec-2015, Gorgeous Assets Ltd was an inactive subsidiary of China Healthcare Enterprise Group Ltd (CHE, 1143). In 2016, it purchased the property for HK$55.575m including 23.5% stamp duty, Georgeous Assets Ltd was then acquired by Teamway in exchange for 200m new shares.

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