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Inside the Great Wall:Sunac to place 220m shares,raising HKD

文章作者:财经新闻 上传时间:2019-11-25

    One of the sites, with planned GFA of 130k sqm located in the SouthernZhangjiang area in Pudong, was sold at RMB724m, representing A.V. ofRMB5,569 psqm. The other site in Jiading, with planned GFA of 71.3ksqm,was sold at RMB424m, or A.V. of RMB5,950 psqm. Both sites were acquiredby SOEs. A total of 1,897 rental units will be provided from the two sites.

    (Guandian).

    As many as 3,000 units could be launched for sales in the primary market inAugust, media reported. Lai Sun Dev (0488.HK) plans to announce a price listfor the first batch of its Novi, Mong Kok today. The project provides 138 unitsin total, which is comprised of small flats, with a saleable area in the range of157 to 312 sf. The properties for viewing will likely be made available twoweeks later. Meanwhile, a presales permit has been granted to Edition 178,Kwai Chung, another single-building development of 136 units. (HKET)

Sunac (1918.HK) announced that it is going to place a total of 220m shares at aPlacing Price of HK$18.33 per share, raising total proceeds of HKD4.03bn. ThePlacing Shares and Subscription Shares represent approximately 5.63%/5.33%of the existing issued/enlarged share capital of Sunac. The placing pricerepresents an 8.8% discount to the closing price on 24 July 2017. (Company).

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