ITC Properties (00199.HK) announced that it has sold a 50% stake in the 'Westin Vancouver Bayshore Hotel' property in Canada to independent third party Caufield Investments for a cash price of CAD 18.5 million (approximately HKD 0.105 billion). The estimated loss from the sale is CNY 0.224 billion. The net income is CNY 0.101 billion, which will be used to repay loans and cover operating expenses.
德祥地產(00199.HK)蝕讓加國酒店物業50% 變現1.05億元
itc properties (00199.HK) sold 50% of Canadian hotel properties for a cash value of 0.105 billion yuan
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Hot News
Updated