Dah Sing Banking Unit to Acquire Property Investment Firm

MT Newswires Live

2024-11-26

Dah Sing Banking Group (HKG:2356) unit Dah Sing Bank agreed to purchase the entire issued share capital of Fortune Land from Dah Sing Financial Holdings for nearly HK$184.4 million, a Tuesday bourse filing said.

Fortune Land is principally engaged in property investment and its sole asset is certain premises in Causeway Bay, Hong Kong.

Dah Sing Financial Holdings is a controlling shareholder of lender Dah Sing Banking Group.

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