Henderson Land Development Co ( (HK:0012) ) has issued an announcement.
Henderson Land Development announced that a proposed transaction to sell a land lot at No.16 Kimberley Road, Kowloon, along with a new hotel to be built there, to Miramar Group was not approved at an extraordinary general meeting. Despite the cancellation, the company will proceed with its plans to redevelop the property into a 23-storey hotel and commercial complex, and will continue to explore opportunities with Miramar Group regarding the new hotel.
More about Henderson Land Development Co
Henderson Land Development Company Limited is a prominent player in the real estate industry, focusing on property development and investment. The company is involved in the development of residential, commercial, and hotel properties, with a strong market presence in Hong Kong.
YTD Price Performance: -0.87%
Average Trading Volume: 4,597
Technical Sentiment Signal: Strong Buy
Current Market Cap: $13.94B
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