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News Breaks | | | | March 13, 2013 | | 05:14 EDT |  | GSOL | Global Sources realigns real estate holdings
Global Sources has signed agreements to conduct three real estate transactions. The company has signed a letter of intent for the sale of its property on the 46th floor of Excellence Times Square in Shenzhen, China, comprising 1,939.38 square meters of office space, for a total sale price of approximately $19.3M. The transaction is expected to provide a capital gain, net of related tax expenses, of approximately $8.5M. The company has signed a provisional sale and purchase agreement for the sale of 10 office units on the 26th floor of Southmark in Hong Kong, China, comprising a total area of 9,431 square feet, and three car parking spaces on the first floor of the building, for a total sale price of approximately $9M. The transaction is expected to provide a capital gain of approximately $4.4M. The company has signed a provisional sale and purchase agreement for the purchase of the 21st, 22nd and 23rd floors of the Vita Tower in Hong Kong, China, which the company currently lease for operational use, comprising a total of 36,822 square feet of office space, for a total purchase price of approximately $23.6M. | |
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News For GSOL From The Last 14 Days Check below for free stories on GSOL the last two weeks. |
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| May 14, 2013 | | 05:55 EDT |  | GSOL | Global Sources sees 1H IFRS EPS 59c-63c
 Subscribe for More Information | | | 05:52 EDT | | GSOL | Global Sources reports Q1 IFRS EPS 16c, one estimate 17c
Reports Q1 revenue $31.3M, one estimate $31.8M. | | | May 13, 2013 | | 15:27 EDT | | GSOL | Notable companies reporting after market close
Notable companies reporting before tomorrow's open, with earnings consensus, include AutoNavi Holdings (AMAP), consensus 19c; Hi-Crush Partners (HCLP), consensus 50c; Global Sources (GSOL), one estimate 17c; General Finance (GFN), one estimate 11c; NuPathe (PATH), consensus (17c). | |
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