 |
|
  |
2007-1-30 11:52:00 a.m. HKT, XFNA
Hong Kong-listed Frasers Property sells Beijing office premises for 277 mln
|
| |
yuan
-
HONG KONG (XFN-ASIA) - Frasers Property (China) Ltd said that it has
entered into an agreement to sell seven office floors and 10 carparking
spaces at the Vision International Center in Beijing for a total
consideration of 277 mln yuan.
About 57 pct of the sales proceeds will be used to reduce the company's
bank borrowings while the remainder will be used for working capital, it said.
(1 usd = 7.9 yuan)
jun.concepcion@xfn.com
xfnjcc/xfnrc
MMMM
AFN |
| |
News Provided by XFNA |
| |
|
| Copyright(C) AASTOCKS.com Limited 2000. All rights reserved |
| |
|
|
|
