Chuang's Consortium International's Shareholders to Vote on Disposal Contract on Sept. 2

MT Newswires Live

08/13

Shareholders of Chuang's Consortium International (HKG:0367) will meet Sept. 2 to vote on the proposed sale of Island 37 Investment by unit Chuang's Consortium to Annex W Group, a Wednesday Hong Kong bourse filing said.

The seller will also dispose of a HK$213.4 million loan owed to it by the target firm, which engages mainly in the investment of a house.

The parties had first entered into the disposal agreement in June.

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