Kerry Properties has agreed to sell two of its warehouses in Hong Kong to China Resources Logistics, a unit of state-owned China Resources Group, for $588 million
Kerry Properties said in the filing that it plans to sell its Chai Wan warehouse for HK$2.29 billion and its Sha Tin warehouse for HK$2.33 billion. The deal is expected to be completed by the end of June. Kerry Properties plans to use the funds from the sale to strengthen its balance sheet and operations.three years ago based on the redevelopment potential of the buildings. Kerry Properties and KLN are both controlled by the Kuok Group.
Kerry Properties is run by Robert Kuok’s youngest son, Kuok Khoon Hua, who is currently holding the positions of CEO and chairman. The patriarch founded the
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Biden: US would intervene militarily if China were to invade TaiwanThe U.S. traditionally has avoided making such an explicit security guarantee to Taiwan. It was one of the most forceful presidential statements in support of self-governing in decades.
Lire la suite »
Biden takes aggressive posture toward China on Asia tripIn a news conference Monday, Biden said the United States would defend Taiwan militarily if it came under attack by China, despite the U.S. policy of “strategic ambiguity.”
Lire la suite »
Apple tells suppliers about diversifying production away from ChinaApple tells its suppliers that it has plans to move production out of China although it seems to be all talk for now.
Lire la suite »
Biden unveils his economic plan for countering China in AsiaPresident Joe Biden on Monday said thirteen nations would join his long-sought economic plan for engaging a region coming increasingly under the influence of China, as he enters the second leg of his debut tour of Asia.
Lire la suite »
Copper retreats from two-week top on concerns over China demandCopper prices on COMEX ease from a 12-day high as market sentiment dwindles amid mixed clues during early Monday. That said, the Copper futures on COM
Lire la suite »