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01180 PARADISE ENT
RTNominal unchange0.890 0.000 (0.000%)
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05/06/2019 14:58

Paradise Ent (01180) to buy Macao properties at HK$90m

[ET Net News Agency, 5 June 2019] Paradise Entertainment Limited (01180) said its
subsidiary Grand Step Limited has agreed to buy properties at a consideration of HK$90
million.
The properties are Units 10A and 10B of Industrial Kin Ip at 175-179 Avenida de
Venceslau de Morais, Macau, with the rights to use two parking spaces.
The directors consider that the acquisition provides an excellent opportunity for the
group to reduce ongoing rental payments for inventory storage. (RC)

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