In Brief
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.
