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Willie buys House A, Sunshine Villa from Hero City Trading Ltd for HK$88mCircular

Company announcement, 15-Jun-2007

Note: at the time of this transaction, Hero City was a subsidiary of Hennabun which was controlled by Freeman. On 21-Dec-05, Hennabun acquired Collier Assets Ltd, which owned the house via Apex Novel Ltd, for $49m, being $85m for the house less bank loan of $36m. Collier Assets was formerly owned by Karen Lo Ki Yan.

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