HKR International Limited & Nan Fung Group Jointly Win Kau To Site

HKR International Limited announced today that the Company together with Nan Fung Development Limited, through a 50:50 JV company Everbeam Investments Limited, has won the tender for the Sha Tin Town Lot No. 563, Area 56A, Kau To, Sha Tin, at a consideration of HK$1,220 million. The site will be developed into high-end residential properties with a maximum gross floor area of approximately 134,400 square feet.