Asia Standard (00129), a 50.918%-owned subsidiary of Asia Orient (00214), said it has won the tender for the purchase of a property known as Fook Lee Commercial Centre, Town Place, No. 33 Lockhart Road, for HK$1,105 million.
The property is a commercial property adjoining Asia Orient Tower, the principal place of business of Asia Orient and Asia Standard, with an aggregate floor area of about 80,000 square feet.
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