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Century City Completes Major Property Disposal

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Century City Completes Major Property Disposal

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Century City International Holdings Limited ( (HK:0355) ) just unveiled an update.

Century City International Holdings Limited, along with its subsidiaries Paliburg Holdings Limited and Regal Hotels International Holdings Limited, announced the completion of a significant transaction involving the disposal of a property holding company. This transaction marks a strategic move as the Target Company will no longer be a subsidiary, and its financial results will not be consolidated into the financial statements of the involved companies, potentially impacting their financial structure and market positioning.

More about Century City International Holdings Limited

Century City International Holdings Limited operates in the property and hospitality industry, focusing on property development and hotel management through its subsidiaries Paliburg Holdings Limited and Regal Hotels International Holdings Limited.

YTD Price Performance: -10.14%

Average Trading Volume: 14,096,033

Technical Sentiment Signal: Sell

Current Market Cap: HK$383.5M

Learn more about 0355 stock on TipRanks’ Stock Analysis page.

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