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Wanda Hotel Development Co Ltd (0169.HK)

0169.HK on Hong Kong Stock

0.74HKD
16 Aug 2018
Change (% chg)

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Latest Key Developments (Source: Significant Developments)

Wanda Hotel Development Co Completes Disposal Of Australia Property Projects
Friday, 18 May 2018 

May 18 (Reuters) - Wanda Hotel Development Co Ltd <0169.HK>::COMPLETES DISPOSAL OF AUSTRALIA PROPERTY PROJECTS.  Full Article

Wanda Hotel Development Updates On Disposal
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Wanda Hotel Development Co Ltd <0169.HK>::REFERENCE IS MADE TO ANNOUNCEMENTS OF WANDA HOTEL DEVELOPMENT COMPANY LIMITED DATED 19 JANUARY 2018.ON 18 JANUARY 2018, A NON-WHOLLY OWNED SUBSIDIARY OF COMPANY ENTERED INTO AN AGREEMENT WITH AN INDEPENDENT THIRD PARTY.DEAL IN RELATION TO DISPOSAL OF SHARE CAPITAL OF UNIT WHICH OWNS RIGHTS AND INTERESTS IN SOME PROPERTY PROJECTS IN AUSTRALIA.TRADING IN SHARES OF COMPANY ON STOCK EXCHANGE REMAINS HALTED.AN ANNOUNCEMENT RELATING TO DISPOSAL TO BE MADE BY COMPANY IN COMPLIANCE WITH LISTING RULES.  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

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China Fosun dials up tourism push with $1.74 billion Atlantis Sanya luxury resort

SANYA, China China's Fosun International Ltd on Saturday launched its Atlantis Sanya luxury resort in a $1.74 billion bet that the sail-shaped development will become an icon in Hainan - China's Hawaii - and a beacon to both domestic and foreign tourists.

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