Hong Kong Exchanges and Clearing Limited's latest data reveals that on August 27, a notable position change occurred for HON KWOK LAND (00160), with a total transfer value of HK$38.64 million, representing 7.77% of the company's issued shares. The shareholder transferred 56 million shares to Bank of East Asia while simultaneously moving the same 56 million shares out of Shanghai Commercial Bank.

In a joint announcement by HON KWOK LAND (00160) and its related entity, it was disclosed that on July 31, 2026, The Bauhinia Hotels Group Japan 3 entered into a sale and purchase agreement with buyer LLGK1 Godo Kaisha. The agreement pertains to the disposal of a property at a consideration of 1.675 billion Japanese Yen, equivalent to approximately HK$82.1 million, including local consumption tax.

The property, situated at Lot 5-18, 2-Chome, Fukushin, Naniwa-ku, Osaka, Japan, is a nine-story hotel building with a total floor area of approximately 1,042 square meters, comprising 48 hotel guest rooms. The property is currently leased to an independent hotel operator and is being operated as a boutique hotel.

The Bauhinia Hotels Group Japan 3 is solely funded and controlled by the joint venture company Optimal Trade Holdings Limited, in which Best Range Global holds a 60% interest. Best Range Global is a wholly-owned subsidiary of HON KWOK LAND (00160) and an indirect non-wholly-owned subsidiary of the associated entity.

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