HKG:0369

2 stories mentioning HKG:0369Updated 8d ago

Every FINWIRES story that references HKG:0369, newest first.

Wing Tai Properties Units Sign Deals with JV Company to Support Hospitality Business

Wing Tai Properties (HKG:0369) units, Lanson Place Hospitality Management (Malaysia) and Lanson Place Hotels & Residences, entered into respective operating and license agreements with Kualiti Gold.The provision of the services will sustain the property developer's hospitality business in Asia.Kualiti Gold is a JV company owned 50% each by Wing Tai Properties and its substantial shareholder Wing Tai Holdings and engaged in hospitality investment.

HKG:0369

Asia50d ago

Wing Tai to Sell London Property For HK$325 Million

Wing Tai Properties (HKG:0369) said it agreed to sell a freehold property in London for HK$325 million, according to a Thursday filing with the Hong Kong bourse.The property has a net internal area of around 14,000 square feet and is designed as an office and premier retail space, Wing Tai said.The property developer said it would record an HK$25 million gain from the sale, while the overall proceeds will be used for general working capital.

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