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Dragonite (0329) sells basement of China United Centre for HK$140m
Company announcement, 21-Jan-2014
Actually they are selling the BVI co which indirectly owns it, thereby avoiding 8.5% Double Stamp Duty (if passed). The owner of the buyer is not disclosed, but later filings show that at 18-Sep-2012 it was a 100% subsidiary of HEC Capital Ltd. Both Dragonite and HEC Capital are in what we call the "Chung Nam Network".
Organisations
- Central Town Limited (VG)
- E-Garden Properties Limited
- EAST CHAMPION LIMITED 億綽有限公司
- Future Master Investments Limited
- HEC Capital Limited
- OCI International Holdings Limited 東建國際控股有限公司
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