GRAND POWER LOGISTICS GROUP INC. ("GPW")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 6, 2013
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Agreement for Sale and Purchase (the "Agreement") dated January 4, 2010 between the Company and Castle Island Limited, a Non-Arm's Length Party (the "Vendor"), whereby the Company acquired 89 equal undivided 13,205 parts or shares of Section F of Kowloon Marine Lot No. 113 and Section H of Kowloon Marine Lot No.113, including the building know as Harbour Centre Tower, with the sole and exclusive rights and privileges to occupy Workshop Unit No. 11 on the Sixth Floor of Harbour Centre Tower, all as located at No. 1 Hok Cheung Street, Kowloon. In consideration, the Company will pay HK$15,500,000 in cash to the Vendor.
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