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Wanda Hotel Development Co Ltd (0169.HK)

0169.HK on Hong Kong Stock

1.12HKD
25 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Wanda Hotel Development Co Says FY Loss Attributable HK$470.3 Mln
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Wanda Hotel Development Co Ltd <0169.HK>::FY LOSS ATTRIBUTABLE HK$470.3 MILLION VERSUS LOSS OF HK$60.7 MILLION.‍FY REVENUE FROM CONTINUING OPERATIONS HK$213.4 MILLION VERSUS HK$250.1 MILLION.  Full Article

Wanda Hotel Development Co Sells 60 Pct Stake In Wanda International Real Estate Investment Co
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Wanda Hotel Development Co Ltd <0169.HK>::DEAL FOR GBP35.6 MILLION ‍​.ANNOUNCES DISPOSAL OF LONDON PROPERTY PROJECT.SELLS 60 PERCENT STAKE IN WANDA INTERNATIONAL REAL ESTATE INVESTMENT CO.‍DISPOSAL IS EXPECTED TO GIVE RISE TO A GAIN OF ABOUT HK$434 MILLION​.SAYS DEAL INCLUDES ‍DEBT OF £159.5 MILLION (ABOUT HK$1.68 BILLION)​.  Full Article

Wanda Hotel Development Co Proposes Reorganisation
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Wanda Hotel Development Co Ltd <0169.HK>::‍WANDA OVERSEAS SIGNED A NON- LEGALLY BINDING LETTER OF INTENT (LOI) WITH WANDA INVESTMENT HOLDING.PURSUANT TO LOI 3.06 BILLION ORDINARY SHARES OF COMPANY WILL BE TRANSFERRED TO NEW HOLDCO AT HK$1.20 PER SHARE.AS NEW HOLDCO FULLY OWNED BY WANG JIANLIN, CO'S ULTIMATE CONTROLLING SHAREHOLDER TO BE UNCHANGED AFTER PROPOSED TRANSFER.REFERS TO WANDA INVESTMENT HOLDING CO. LTD AS "NEW HOLDCO" IN ANNOUNCEMENT.  Full Article

Wanda Hotel Development says HY loss HK$579.7 mln vs loss of HK$6.3 mln‍​
Wednesday, 23 Aug 2017 

Aug 23 (Reuters) - Wanda Hotel Development Co Ltd <0169.HK>:No dividend has been declared in respect of six months ended 30 june 2017.Hy revenue hk$100.3 million versus hk$258 million.Hy loss hk$579.7 million versus loss of hk$6.3 mln‍​.  Full Article

Wanda Hotel Development says trading halted pending announcement regarding LOI
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Wanda Hotel Development Co Ltd <0169.HK>:Trading halted pending release of announcement regarding LOI that was signed concerning a possible asset restructuring.  Full Article

Sunac China says Sunac Real Estate & Dalian Wanda Commercial Properties entered into agreement
Wednesday, 19 Jul 2017 

July 19 (Reuters) - Sunac China Holdings Ltd <1918.HK>::Sunac-major Transaction - Entering Into The Agreement In Relation To The Cooperation Of The Target Project Companies <<<1918.HK>>>.Deal for total consideration of RMB43.84 billion .Sunac Real Estate (as buyer) and Dalian Wanda Commercial Properties (as seller) entered into agreement.Dalian Wanda Commercial Properties agreed to dispose of, 91% equity interest of 13 cultural and tourism project companies in PRC.The 76 city hotels referred to in the framework agreement dated 10 July 2017 are no longer the target assets.  Full Article

Wanda Hotel Development updates on disposal of Madrid property project
Monday, 3 Apr 2017 

Wanda Hotel Development Co Ltd <0169.HK> : Disposal of madrid property project . Wanda europe and purchaser agreed in writing on 31 march 2017 to extend date of completion to 1 June 2017 .Updates on sale of all issued shares in Wanda Madrid Development, S.L.U. by group to Baraka Global Invest, S.L.U..  Full Article

Wanda Hotel Development updates on disposal of Madrid property project<0169.HK>
Sunday, 2 Apr 2017 

Wanda Hotel Development Co Ltd <0169.HK> : Disposal of madrid property project . Wanda europe and purchaser agreed in writing on 31 march 2017 to extend date of completion to 1 June 2017 .Updates on sale of all issued shares in Wanda Madrid Development, S.L.U. by group to Baraka Global Invest, S.L.U..  Full Article

Wanda Hotel Development Company updates on disposal of Madrid Property Project
Thursday, 3 Nov 2016 

Wanda Hotel Development Company Ltd<0169.HK> : Wanda Europe (a non-wholly owned unit of company) and purchaser entered into agreement . Pursuant to deal wanda europe has conditionally agreed to sell sale shares of target company . Deal for consideration of approximately HK$2.33 billion .Disposal is expected to give rise to a gain of approximately HK$219.9 million.  Full Article

Wanda Hotel Development Co says HY revenue hk$258.0 million versus hk$99.8 million<0169.HK>
Wednesday, 17 Aug 2016 

Wanda Hotel Development Co Ltd <0169.HK>: Says no dividend has been declared in respect of the six months ended 30 June 2016 . Group will continue to focus on international gateway cities which attract a significant number of tourists" . Says HY revenue hk$258.0 million versus hk$99.8 million . HY net loss hk$37.1 million versus loss hk$82.1 million . Group will continue to hold the commercial component and hotel assets for investment purpose . Will steadily develop the existing projects, residential component will be sold as scheduled if market conditions are favourable .  Full Article

Photo

'Small-town kids' shape future of China's consumption

XINXIANG, China The bright lights of Beijing or Shanghai have never held much allure for Wu Tongxu, a 24-year-old civil servant earning a modest salary in the nondescript city of Xinxiang in China's central Henan province. | Video

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