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Emperor International Holdings Limited ( (HK:0163) ) has provided an update.
Emperor International Holdings Limited announced a discloseable transaction involving the sale of properties by its subsidiary, Thyme Company Limited, to Tai Hing Management Limited for HK$92.8 million. The transaction, deemed fair and reasonable by the company’s directors, reflects current market conditions and is expected to complete by June 2025, impacting the company’s property portfolio and financial positioning.
More about Emperor International Holdings Limited
Emperor International Holdings Limited is an investment holding company with subsidiaries primarily engaged in property investment and property development in Greater China and overseas. The Vendor involved in the transaction is an indirect wholly-owned subsidiary of the company, focusing on property holding.
YTD Price Performance: -15.00%
Average Trading Volume: 31,225
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €132.7M
Learn more about 0163 stock on TipRanks’ Stock Analysis page.