Clevo to sell properties in China

Clevo will sell office space and residential units of its IT and consumer electronics retail chain Buynow in China and is poised to float REIT (real estate investment trust) certificates in Taiwan for commercial real estate in China including Buynow stores, department stores and hotels, according to the company.

Clevo has also approved its 2015 financial report and will issue dividends of NT$1.10 (US$0.03) in cash.

With growing demand for gaming notebook products, Clevo’s notebook shipments grew strongly in China, boosting its May revenues by 23.1% on year to reach NT$1.63 billion.

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