News: 2024.03.15
ZhitongFinanceAPP News, Lai Sun International (00191) and Lai Sun Development (00488) announced that on March 15, 2024 (after trading hours), the seller, Zhouli Development and Management Co., Ltd. (International…
Lai Sun Development (00488) recently announced an important transaction involving the sale of a Hong Kong property subsidiary. This transaction will have a significant impact on the company's future development and has attracted widespread market attention.
According to the announcement, Lai Sun Development (00488) sold its subsidiary's Hong Kong properties to Zhouli Development and Management Co., Ltd. The transaction is expected to close after the trading session on March 15, 2024, resulting in significant proceeds for the company.
This transaction will allow Lai Sun Development (00488) to focus more on its core business and improve the company's profitability and competitiveness. At the same time, this will also lay a good foundation for the company's future development and create greater value for shareholders.
The announcement of this transaction caused a positive reaction from the market, with the share price of Lai Sun Development (00488) rising to some extent. Investors have full confidence in the company's future and believe that this transaction will bring more opportunities and challenges to the company.
Overall, Lai Sun Development's (00488) ancillary sale of Hong Kong properties is an important milestone and will have a profound impact on the company's development. We look forward to seeing the company achieve greater success in future development and create more value for shareholders and investors.