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HK's Asiasec Properties hits over 2-yr high on special dividend hopes

Reuters2021-06-24

** Shares of property investment and management group Asiasec Properties Ltd soar 74.6% to HK$2.20, the highest since May 2019

** Stock last up 42.9%, on track for the best day since March 2010; stock is also the biggest percentage gainer on the Hong Kong bourse

** Tian An China Investment proposes to make an offer to buy interests in five properties, comprising industrial buildings and car-parking spaces in Hong Kong, from its unit Asiasec for HK$1.08 bln ($139.1 mln)

** Asiasec says proceeds from the disposal will be used to pay a special dividend of HK$0.95 per share to its shareholders

** Shares of Tian An China gain 0.7%

** The Hong Kong Hang Seng sub-index tracking property firms climbs 0.1%, and the benchmark index gains 0.3%

** As of last close, Asiasec stock had surged 11.5% this year ($1 = 7.7654 Hong Kong dollars)

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Comment31

  • Jamesyeu
    ·2021-06-24
    ?
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  • PPWAPAM_KenZhu
    ·2021-06-24
    Dividends ??
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  • Johnlzh
    ·2021-06-24
    Interesting...
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  • ZannFoo
    ·2021-06-24
    Nice
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  • TheHaq
    ·2021-06-24
    Ohh no
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  • Leon01
    ·2021-06-24
    Good
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  • KTAN
    ·2021-06-24
    Interesting...
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  • silent00
    ·2021-06-24
    Connent
    Reply
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    • nou
      a
      2021-06-24
      Reply
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    • silent00
      k
      2021-06-24
      Reply
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  • Totoroido
    ·2021-06-24
    ??
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  • Madtrix
    ·2021-06-24
    Ooo
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  • billgoat
    ·2021-06-24
    Help to comment and like please will do the same
    Reply
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    • ShiaoCha
      done
      2021-06-24
      Reply
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  • darrius
    ·2021-06-24
    Huattt
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  • goguma
    ·2021-06-24
    awesome 
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  • Ak91
    ·2021-06-24
    Like and comment 
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  • jyau73
    ·2021-06-24
    At least it raise after 2 years..
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  • Ak91
    ·2021-06-24
    Like and comment 
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  • royleu
    ·2021-06-24
    Property...
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    • royleu
      is it good
      2021-06-24
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    • ZN99
      ?
      2021-06-24
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  • stormlee
    ·2021-06-24
    Comment & reply pls
    Reply
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    • stormlee
      ?
      2021-06-25
      Reply
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    • stormlee
      ?
      2021-06-25
      Reply
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    • MarcO
      sure
      pls like and comment
      2021-06-24
      Reply
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    View more 1 comments
  • ShayneGun
    ·2021-06-24
    ?
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    • stormlee
      Comment & reply pls
      2021-06-24
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  • Tslverde
    ·2021-06-24
     Am buy?
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    • stormlee
      Comment & reply pls
      2021-06-24
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