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Wanda Hotel Development Co Ltd (0169.HK)

0169.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Wanda Hotel Development updates on disposal of Madrid property project
Sunday, 2 Apr 2017 09:03pm EDT 

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 06:53pm EDT 

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 06:06pm EDT 

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 06:29am EDT 

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

Wanda Hotel Development clarifies on media article for selling property project in Madrid<0169.HK>
Friday, 22 Jul 2016 12:31am EDT 

Wanda Hotel Development Co Ltd <0169.HK>: Notes certain media articles appearing on 21 July 2016 stating, that group agreed with baraka to sell group's property project in Madrid . On 12 July 2016 unit signed a mou with baraka global invest, s.l.u . Deal was in relation to negotiation and possible sale of all the issued shares in Wanda Madrid development by group to baraka . Possible disposal is still under discussion and negotiation and subject to final agreement .  Full Article

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BRIEF-Wanda Hotel Development updates on 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

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