Lai Sun Int'l (00191.HK) and Lai Sun Dev (00488.HK) jointly announced that on April 8, 2024, Peakflow Profits Limited, a wholly-owned subsidiary of Lai Sun Dev, intends to sell 10% equity of Bayshore Development to Grand Design Development Limited at a preliminary price of approximately HKD 1.4216 billion. Based on the preliminary price, Lai Sun Apparel Group and Lai Sun Development Group are expected to lose approximately HKD 155 million each in relation to the sale.
丽新国际(00191.HK)完成出售Bayshore Development的10%股权
Lai Sun International (00191.HK) completes sale of 10% of Bayshore Development's shares
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