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Regal Hotels Completes Major Property Disposal

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Regal Hotels Completes Major Property Disposal

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

Regal Hotels International Holdings Limited, along with Century City and Paliburg, has completed the disposal of a property holding company. This transaction marks a significant change in their business structure as the financial results of the disposed company will no longer be part of their consolidated financial statements, potentially impacting their financial reporting and market positioning.

More about Regal Hotels International Holdings Limited

Regal Hotels International Holdings Limited operates in the hospitality industry, focusing on hotel management and ownership. The company is part of a larger group that includes Century City International Holdings Limited and Paliburg Holdings Limited, which are involved in property development and investment.

YTD Price Performance: -76.86%

Average Trading Volume: 976,225

Technical Sentiment Signal: Sell

Current Market Cap: HK$530.3M

For detailed information about 0078 stock, go to TipRanks’ Stock Analysis page.

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