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Regal Hotels Announces Delay in Circulars for Share Purchase Agreement

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Regal Hotels Announces Delay in Circulars for Share Purchase Agreement

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An update from Regal Hotels International Holdings Limited ( (HK:0078) ) is now available.

Regal Hotels International Holdings Limited, along with Century City International Holdings Limited and Paliburg Holdings Limited, announced a delay in the despatch of circulars related to a Share Purchase Agreement (SP Transaction). The delay is due to the additional time required to prepare financial information and statements, with the new expected date for despatch set for 2 September 2025. This delay has prompted Paliburg and Regal to apply for a waiver to extend the deadline, which may impact the timeline of the transaction and stakeholders’ expectations.

More about Regal Hotels International Holdings Limited

Regal Hotels International Holdings Limited operates in the hospitality industry, providing hotel management and ownership services. The company focuses on offering premium accommodations and hospitality services primarily in the Hong Kong market.

Average Trading Volume: 1,360,704

Technical Sentiment Signal: Sell

Current Market Cap: HK$467.4M

For an in-depth examination of 0078 stock, go to TipRanks’ Overview page.

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