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RTNominal unchange0.290 0.000 (0.000%)

22/10/2021 13:57

Apex Ace Hldg (06036) to buy property at HK$30 million

[ET Net News Agency, 22 October 2021] Apex Ace Holding Limited (06036) said its
subsidiary I-Sky Electronic Limited has conditionally agreed to purchase the target
property at the consideration of HK$30 million. The consideration will be satisfied by the
issue of the perpetual subordinated convertible securities.
The target property is situated at Unit 1 on 1st Floor, Sun Cheong Industrial Building,
No. 2 Cheung Yee Street, Cheung Sha Wan, Hong Kong, with saleable area of approximately
3,955 square feet, which is currently subject to a mortgage and will be released on or
before completion. (RC)

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