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00833 ALLTRONICS
RTNominal unchange0.485 0.000 (0.000%)
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11/11/2015 14:28

Alltronics (00833) buys office for headquarters at HK$176m

[ET Net News Agency, 11 November 2015] Alltronics Holdings (00833) said it has agreed
to buy properties located at Citicorp Centre at HK$176 million.
The assets to be acquired are the office located on the 4th floor of Citicorp Centre,
and four car parking space.
It said the existing head office of the group in Hong Kong is rented under an operating
lease which will expire in October 2016. The acquisition will provide a permanent head
office to the group in Hong Kong with a potential of capital appreciation in the long run.
(KL)

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