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BRIEF-CSI Properties says unit entered into provisional agreement
January 9, 2017 / 3:19 PM / a year ago

BRIEF-CSI Properties says unit entered into provisional agreement

Jan 9 (Reuters) - Csi Properties Ltd

* Vendor, a direct wholly-owned subsidiary of company, entered into provisional SPA with purchaser

* CSI Properties Ltd - announces proposed sale of (a) hotel assets and operator and (b) commercial properties

* Total amount of consideration to group for sale is HK$1.70 billion

* CSI properties - applied to stock exchange for resumption of trading in shares on stock exchange with effect from 9:00 a.m. On Tuesday, 10 Jan 2017 Source text for Eikon: Further company coverage:

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