BONUS FIRST GROUP LIMITED 利元集團有限公司
Jun Yang (0397) buys property co from AMCO United (0630) for HK$56.5m
| AMCO announcement
Company announcement, 19-Oct-2016
AMCO purchased this on 6-Oct-2015 from GET (8100) for HK$62m.
Company announcement, 19-Oct-2016
AMCO purchased this on 6-Oct-2015 from GET (8100) for HK$62m.
AMCO United (0630) buys property from GET (8100)
| Circular
Company announcement, 6-Oct-2015
Actually it is buying a BVI company, Bonus First Group, which owns Unit 503, 5/F Wing On House, for HK$62m in cash, conditional on a placing of new shares via Gransing Securities to pay for it. BFG agreed to buy the property for $53.9m on 8-Aug-2015, but it must have paid HK$4.58m in Double Stamp Duty at 8.5%. This completed on 30-Sep-2015, 6 days before the sale of BFG. There will be no stamp duty on the transfer of the BVI company.
Company announcement, 6-Oct-2015
Actually it is buying a BVI company, Bonus First Group, which owns Unit 503, 5/F Wing On House, for HK$62m in cash, conditional on a placing of new shares via Gransing Securities to pay for it. BFG agreed to buy the property for $53.9m on 8-Aug-2015, but it must have paid HK$4.58m in Double Stamp Duty at 8.5%. This completed on 30-Sep-2015, 6 days before the sale of BFG. There will be no stamp duty on the transfer of the BVI company.
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