On 28 November 2014, a wholly-owned subsidiary of the Company entered into a sale and purchase agreement with a third party to acquire a property in Hong Kong for the Group’s own use. The property is located at 15th Floor, China United Centre, 28 Marble Road, North Point, Hong Kong. The gross floor area and the saleable area of the Property are approximately 10,963 square feet and 8,551 square feet respectively. The long stop date of the acquisition is 30 January 2014.
The Group will continue to explore appropriate property investment opportunities for long term investment purpose and provide stable income for the Group.