Kerry Properties

In Brief

PUBLISHED : Thursday, 06 January, 2005, 12:00am
UPDATED : Thursday, 06 January, 2005, 12:00am

Shui on sells Business

Shui On Construction and Materials subsidiary Shui On Building Materials will sell its construction materials business in Hong Kong to Maxking Investments for $95 million.

kerry in Logistics deal

Property and logistics firm Kerry Properties has completed the first stage of its purchase of a 70 per cent stake in mainland freight forwarder EAS International. The deal costs Kerry 380 million yuan.

Red chip powers up

Red chip China Resources Holdings has increased its holding in Guangdong's Shajiao C power plant from 29.56 per cent to 30 per cent for US$3 million.

Get Nice raises $108m

Financial services provider Get Nice Holdings will raise $108 million by selling 60 million shares at $1.80 each.

Flats on the block

Property developer Wing Tai Asia will sell a 164-unit residential block on Kowloon Station.