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Emperor International Holdings Announces Major Property Disposal

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Emperor International Holdings Announces Major Property Disposal

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An update from Emperor International Holdings Limited ( (HK:0163) ) is now available.

Emperor International Holdings Limited has announced a substantial disposal of property, with its subsidiary, Champ Billion Limited, agreeing to sell a property to OCBC Bank (Hong Kong) Limited for HK$1,160 million. This transaction, subject to shareholder approval and other conditions, reflects current market valuations and is considered by the company’s directors to be fair and beneficial for the company and its shareholders.

More about Emperor International Holdings Limited

Emperor International Holdings Limited is an investment holding company with subsidiaries primarily engaged in property investment and development in Greater China. The company focuses on leveraging opportunities in the real estate sector to enhance its portfolio and market presence.

Average Trading Volume: 1,089,000

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.09B

See more data about 0163 stock on TipRanks’ Stock Analysis page.

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