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Regal Hotels International Holdings Limited ( (HK:0078) ) has issued an announcement.
Regal Hotels International Holdings Limited, through its wholly-owned subsidiary, has entered into a Share Purchase Agreement to sell a property holding company for a headline purchase price of £19.5 million. The transaction, which involves Century City, Paliburg, and Regal, is classified as a very substantial disposal for Century City and a major transaction for Paliburg under the Hong Kong Stock Exchange Listing Rules. The transaction requires shareholders’ approval, with Grand Modern Investments Limited committing to vote in favor of the transaction at the Century City SGM.
More about Regal Hotels International Holdings Limited
Average Trading Volume: 1,689,387
Technical Sentiment Signal: Sell
Current Market Cap: HK$521.3M
See more data about 0078 stock on TipRanks’ Stock Analysis page.