Thakral starting tender process to sell HK warehouse property
THAKRAL Corporation, which invests in real estate and sells information technology products, is starting the tender process to sell a warehouse property in Hong Kong.
The invitation for bids will start on July 20, and is expected to take about five weeks.
The property includes various floors and portions of Wah Tung Godown at No 4 Tung Yuen Street in Kowloon.
Thakral said it will release a follow-up announcement with further details on the proposed disposal upon the close of the tender process.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Apple unveils new larger mid-priced iPads
DBS CEO Piyush Gupta sells S$2.7 million worth of bank shares
Disney's surprise streaming entertainment profit offset by weaker TV business
Geely, Foretellix partner to jump-start self driving car development
US: Wall Street opens slightly higher on rate cut optimism
Far East Orchard net profit up 46.8% to S$6.9 million in Q1