Emperor International Arm to Sell Residential Unit in Hong Kong for HK$32.9 million

MT Newswires Live

2024/11/14

Emperor International's (HKG:0163) subsidiary Rich Gallant Investment agreed to sell a residential unit in One Jardine's Lookout, Hong Kong to Serial Rich for HK$32.9 million, a Thursday Hong Kong bourse filing said.

The property is located at flat C on the 27th floor of the currently under-development One Jardine's Lookout and has a saleable area of 1,175 square feet.

The group expects to make a gain of HK$11.3 million from the sale and plans to use the proceeds for the general working capital of the group.

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