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BRIEF-Chong Hing Bank announces disposal of property
September 26, 2017 / 11:30 AM / in 22 days

BRIEF-Chong Hing Bank announces disposal of property

Sept 26 (Reuters) - Chong Hing Bank Ltd

* Discloseable transaction in relation to disposal of property

* Bank (as vendor) entered into agreement for sale and purchase with purchaser King Firm Enterprises Limited

* Bank has agreed to sell property at consideration of HK$658 million

* Bank is expected to record an unaudited estimated gain of approximately HK$573.6 million Source text for Eikon: Further company coverage:

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