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UMP (00722) to buy Sheung Wan office property at HK$57.17m
UMP Healthcare (00722) said it agreed to purchase the entire issued share capital of Way
 Spread Limited at HK$57.17 million.
  The target company, which is principally engaged in property investment in Hong Kong, is
the sole legal and beneficial owner of Offices 1, 2, 3, 4 and 5 on 12th Floor, Nam Wo Hong
Building, No.148 Wing Lok Street, Sheung Wan, Hong Kong, with a gross floor area of about
5,150 square feet.
  UMP Healthcare said 18/F of Nam Wo Hong Building still does not have sufficient floor
space to allow the Group to centralise all of its business administration functions in one
location. With the purchase of the property in the same building, the Group will be able 
to house all of its business functions in one location, which will allow the Group to
further enhance its control and operational efficiency.

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