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SiS Int'l (00529) to buy Kwun Tong property at HK$182m
[ Nomad Investors, 12 April 2018]  SiS International (00529) said it agreed to acquire
the entire issued share capital of Glorious Prime Limited and sale debt at HK$182 million.
  The target group holds factory Units 1-3 and 5-13 and 15-22 on 31st Floor, No.1 Hung To 
Road, Kwun Tong, Kowloon. The property is an industrial property with a total gross floor 
area of around 22,766 square feet. The acquisition is in line with the Group's strategy in
investing in income generating real estate with a potential of capital appreciation in the
long run. 

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