Shun Tak Holdings Ventures into Ocean Park Project

Shun Tak Holdings (HK:0242) has released an update.

Shun Tak Holdings has announced a joint venture to develop the Adventure Zone at Ocean Park, with the total development costs capped at HK$352 million. The project will be funded through shareholders’ loans, with Shun Tak and its partner CIHKL each holding a 50% stake. This development marks a significant move for the company in its entertainment and leisure investments.

For further insights into HK:0242 stock, check out TipRanks’ Stock Analysis page.