18th Jul 2008 07:00
Commercial Group Properties PLC
18 July 2008
Commercial Group Properties PLC
("Commercial Group", "CGP" or "the Company")
Information Update
The Company was informed yesterday that as at 2 July 2008 HSBC Holdings Plc through HSBC International Trustee Limited holds 1,798,000 ordinary shares in the Company representing a holding of 8.56% of the Company's issued share capital and voting rights. We are pleased that HSBC continues to support the Company and has raised its shareholding.
Next week we welcome the visit to the Manston "China Gateway" site by Mr. Feng Jun CEO of Beijing Huaqi Information Digital Technology Co. Ltd. Huaqi, established in 1993, known through its international branding as "Aigo" is a leading manufacturer of portable storage devices, digital products and DIY computer components. We are currently in negotiations with Huaqi with the view to them leasing property on the site.
The planning process for phase 1 of the Manston site is ongoing and we expect a decision next month.
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For further information, please contact:
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Commercial Group Properties PLC
Ken Wills
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+44 (0)1843 860 866
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Beaumont Cornish Limited
Roland Cornish
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+44 (0)20 7628 3396
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Square1 Consulting Limited
David Bick, Mark Longson
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+44 (0)20 7929 5599
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Related Shares:
HSBC Holdings