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IBI Announces Disposal of Strategic Investments and Realises Gain of HK$25.2 Million


IBI Announces Disposal of Strategic Investments and Realises Gain of HK$25.2 Million
HONG KONG, Apr 01, 2021 - (ACN Newswire) - IBI Group Holdings Limited ( IBI or the Group ; Stock Code: 1547), an investment holding company which specialises in the built environment including subsidiaries providing contracting services, distribution of high-tech and innovative building products and, air quality monitoring and management, announced the disposal of four of its global investments ( Disposal ) through its wholly-owned subsidiary, IBI Investment Holdings Limited ( IBI Investment or the Company ). Upon completion, it will realise a total gain of approximately HK$25.2 million.
IBI Investment has diversified investment profiles. As of 31 March 2021, the Company has announced four disposals in the open market, including a total of 94,900 shares of Australia and New Zealand Banking Group Limited ( ANZ ); a total of 96,600 shares of National Australia Bank Limited ( NAB ); a ....

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