Market Chatter: CK Asset, Henderson Land Express Interest in Developing MTR Project

MT Newswires Live09:43

CK Asset (HKG:1113), Henderson Land (HKG:0012), and Sino Land (HKG:0083) were among the developers who expressed interest in developing an MTR (HKG:0066) property adjacent to Hong Kong's Kam Sheung Road Station, The Standard reported Wednesday.

China Overseas Land & Investment (HKG:0688) was also among the 30 parties that submitted expressions of interest for the development, the report said.

The entities now have until April 15 to submit a tender, the report said.

MTR is looking to develop Lot No. 2329 in Demarcation District No 106, adjacent to Kam Sheung Road Station, into a composite development.

The project is valued between HK$3.6 billion and HK$7.2 billion, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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