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TYSAN HOLDINGS (00687) sells Wanchai property, cashing in HK$320M
2011-11-25 09:39:50
 
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TYSAN HOLDINGS (00687) announced that the Company would sell to an independent third party, a property at 11th Floor, Harbour Centre , No.25 Harbour Road, Wanchai , Hong Kong, at the
Consideration, being HK$320 mln. It is expected to obtain around HK$190 mln of income from the sale. The fund got will be used to repay mortgage loans while the remainder will be used for the company's operation. (k)

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