Asian Growth Properties sells Hong Kong land

1st Oct 2015 09:50

(ShareCast News) - Asian Growth Properties has sold its land at Fo Tan in Hong Kong to Centralcon Investment Holding for HK$1.4bn (£119m), it said on Wednesday.The overall capital gain for AGP on the deal is HK$460m (£39m), with the land being valued in August at approximately HK$940m (£80m).Shares in AGP rose 0.75p to 14.25p at 0943 BST on the back of the news.

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