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01305 WAI CHI HOLD
RTNominal down1.220 -0.060 (-4.688%)
Others

12/11/2021 15:49

Wai Chi Holdings (01305) to buy properties at HK$91 million

[ET Net News Agency, 12 November 2021] Wai Chi Holdings Company Limited (01305) said
its subsidiary Techwide Management Company Limited has agreed to buy the entire equity
interest in the target company at the consideration of HK$91 million.
The target company is Maxtone Electronics Limited. It is the owner of the properties
which are currently provided as security to banks for banking facilities granted to the
company. Property A1 is an industrial premise located at Unit A, 6/F., Liven House, 61-63
King Yip Street, Kwun Tong, Kowloon, Hong Kong. Property A2 is an industrial premise
located at Unit B, 6/F., Liven House, 61-63 King Yip Street, Kwun Tong, Kowloon, Hong
Kong. Property B is an industrial premise located at Factory Unit C on 2/F., King Yip
Factory Building, No. 59 King Yip Street, Kwun Tong, Kowloon, Hong Kong. (RC)

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