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Regal Hotels Engages in Potential Property Sale Negotiations

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Regal Hotels Engages in Potential Property Sale Negotiations

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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 International Holdings Limited and Paliburg Holdings Limited, has announced that a wholly-owned subsidiary of Regal is in negotiations for the potential sale of a freehold property in London. This potential transaction, if realized, could be significant for the companies involved, possibly constituting a notifiable transaction under Hong Kong’s listing rules. The companies have advised shareholders and potential investors to exercise caution as no definitive agreements have been reached yet.

More about Regal Hotels International Holdings Limited

Average Trading Volume: 1,470,438

Technical Sentiment Signal: Sell

Current Market Cap: HK$431.4M

Find detailed analytics on 0078 stock on TipRanks’ Stock Analysis page.

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