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Hongkong and Shanghai Hotels Ltd (0045.HK)

0045.HK on Hong Kong Stock

23 May 2018
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HK$0.20 (+1.66%)
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Latest Key Developments (Source: Significant Developments)

Hongkong and Shanghai Hotels updates on acquisition of Grosvenor's 50% economic interest
Friday, 30 Sep 2016 06:53am EDT 

Hongkong and Shanghai Hotels Ltd <0045.HK> : HK&S Hotels-discloseable Transaction - Acquisition Of Grosvenor's 50% Economic Interest In The Redevelopment Of 1-5 Grosvenor Place, Belgravia, London, The United Kingdom . Number of agreements, amongst others, a termination and release agreement and, a framework agreement were entered into . Agreements to effect a restructuring of previous joint venture arrangements in respect of London project . Company acquired Grosvenor's 50% economic interest in redevelopment of site and restructured London project . Total consideration was funded from company's own resources .Deal for consideration for transaction is £107.5 million.  Full Article

Hongkong and Shanghai Hotels posts HY revenue HK$2.61 billion<0045.HK>
Wednesday, 10 Aug 2016 12:13am EDT 

Hongkong and Shanghai Hotels Ltd <0045.HK>: Hk&s hotels-...more 2016 interim results <0045.HK> . HY underlying profit attributable to shareholders amounted to hk$152 million . Says interim dividend of 4 hk cents per share . HY revenue hk$2.61 billion versus hk$2.69 billion .  Full Article

Hongkong and Shanghai Hotels announces non-binding heads of terms for London project<0045.HK>
Tuesday, 26 Jul 2016 04:57am EDT 

Hongkong and Shanghai Hotels Ltd <0045.HK>: Hk&s hotels-non-binding heads of terms for London project . Peninsula London, LP entered into binding heads of terms to restructure current arrangement between parties . Peninsula London, LP will have full responsibility and control for development of London project upon completion of restructuring .  Full Article