Ocean One Holding Unit to Acquire Kwai Chung Industrial Property for HK$150 Million
MT Newswires Live
Yesterday
Ocean One Holding (HKG:9876) said its indirect wholly owned unit, First Oasis Development, entered into a provisional agreement with Capital Benefit on Tuesday to acquire an industrial property in Kwai Chung for HK$150 million in cash.
The property at 57-59 Kwok Shui Road comprises a 13,600-square-foot land parcel and a 12-story industrial building with a gross floor area of about 117,234 square feet, according to a Tuesday Hong Kong bourse filing.
Ocean One shares fell nearly 1% in Wednesday's trade.
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