Hycomm Wireless (0499) buys house from Maggie Cheung Fung Kuen & Stanley Choi Chiu Fai
Company announcement, 22-Jul-2008
By buying a BVI company which owns House 26, Las Pinadas, no stamp duty is payable. The house is valued at HK$64m. Net of mortgage, the purchase price is $37m, financed by an open offer at a 35.5% discount. The couple lives in the house and will lease it back.

• Orgs
  • Million Good Group Limited
  • Qingdao Holdings International Limited
• People
  • Cheung, Maggie Fung Kuen
  • Choi, Stanley Chiu Fai 蔡朝暉