Chinese Estates (HKG:0127) said the dispatch of a circular about the disposal of property in London will be delayed as the company requires additional time to prepare and finalize relevant information, a Tuesday Hong Kong bourse filing said.
The company's subsidiary Knightlights Property International is selling a grade-A mixed-use office building in London to Ellison SPV 2 for 162 million pounds sterling.
The company has applied to the bourse for a waiver from strict compliance with relevant regulations and for an extension of time to dispatch the circular by Jan. 21.
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