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Emperor International Holdings Limited ( (HK:0163) ) just unveiled an update.
Emperor International Holdings Limited has secured an agreement with its lending banks to restore its existing borrowing arrangements, extending financial flexibility for the group until at least 31 July 2027 to support future business development. In parallel, the group has accelerated capital recycling through property sales and disposals, completing pre-sales of all 117 units at its MVP residential project for approximately HK$2.49 billion, selling two luxury houses at No. 15 Shouson for about HK$870 million, disposing of a retail and office building on Oxford Street in London for roughly HK$230 million, and proposing the sale of a commercial building on Gloucester Road in Wan Chai for HK$1.16 billion, moves that collectively strengthen its balance sheet while the company continues normal operations.
The most recent analyst rating on (HK:0163) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Emperor International Holdings Limited stock, see the HK:0163 Stock Forecast page.
More about Emperor International Holdings Limited
Emperor International Holdings Limited is a Bermuda-incorporated investment holding company whose subsidiaries are principally engaged in property investment and property development in Greater China and overseas, with ongoing operations in residential, commercial and retail real estate projects.
Average Trading Volume: 947,525
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.08B
Learn more about 0163 stock on TipRanks’ Stock Analysis page.