Serial

Serial: 91% owned subsi has entered into a sales agr with Shenzhen City Hua Yang Nian Real Estate Dev to acquire 11 office units in Shenzhen Futian Free Trade Zone for Rmb71.8m ($14.3m). Approx floor area of all units is 1.6k sqm and is valued at Rmb80.0m ($16.0m). The properties will serve as co’s operational HQ in China and reduce exposure to any increase in rental. Co will also rent out any additional premises in excess of its needs and requirements.