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2005-5-24 09:44:00 a.m. HKT, XFNA
Hong Kong-listed Group Sense sells some property for 107 mln hkd
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HONG KONG (XFN-ASIA) - Group Sense (International) Ltd said it sold a
property in Hong Kong's Wanchai district for 107 mln hkd.
It said it plans to use half of the proceeds from the sale of the entire
27th floor in Wu Chung House in Wanchai for new investments and the rest to
boost its working capital.
Group Sense said the purchaser, who it did not identify, is not connected
to the company.
(1 usd = 7.8 hkd)
leonora.walet@xfn.com
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