Business

Cheung Kong nets $518m

PUBLISHED : Friday, 01 March, 2002, 12:00am
UPDATED : Friday, 01 March, 2002, 12:00am

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Cheung Kong (Holdings) says it sold 91 flats at Victoria Towers in Tsim Sha Tsui last month and generated HK$518 million. The company said more than 70 per cent of buyers were end-users and the remainder investors. It will release another seven units for sale tomorrow, with average prices starting at HK$4,300 per square foot.