China Resources Says Assets Sale Value Raised by HK$2 Billion
China Resources Enterprise Ltd. said it will get HK$2 billion ($258 million) more than initially agreed from selling assets to its parent, allowing it to increase a special dividend. The assets, which include its money-losing retail venture with Tesco Plc, will be sold for HK$30 billion, the company said in a statement Thursday to the city’s stock exchange. China Resources Enterprise also said its parent will provide a loan of as much as HK$10 billion for a duration of not more than three years.