[ET Net News Agency, 12 December 2019] Sun Hung Kai & Co. Limited (00086) said SHK
Strategic Capital (an indirect wholly-owned subsidiary of SHK) entered into a shareholders
agreement with Macquarie and DPK for the formation of a JV company for the purpose of the
acquisition of the sale shares through the buyer (an indirect wholly-owned subsidiary of
the JV company). The JV company is owned as to 47.5% by SHK Strategic Capital, 47.5% by
Macquarie and 5% by DPK.
The buyer entered into a share purchase agreement with the seller pursuant to which the
buyer has conditionally agreed to acquire and the seller has conditionally agreed to sell
the sale shares, representing all of the issued ordinary shares of the target company at
the consideration. The target company directly holds the property.
The property is Building B-4, 17 Columbus Courtyard, Canary Wharf, London E14 4DA and
Building B-4A, an extension to 17 Columbus Courtyard, Canary Wharf, London E14 4DA, United
Kingdom, known as the CS Building. (RC)
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00086 SUN HUNG KAI CO
Nominal 
2.330 -0.020 (-0.851%) Disclosure of Interest
12/12/2019 10:26
Sun Hung Kai (00086) to buy London property
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