EMPEROR INT'L (00163) Plans to Sell Hong Kong Property for HK$1.16 Billion

Stock News

2025/11/14

EMPEROR INT'L (00163) announced on November 14, 2025, that its indirectly wholly-owned subsidiary, Cheung Shiu Limited, intends to sell a commercial building located at 60 Gloucester Road, Wan Chai, Hong Kong, to OCBC Bank (Hong Kong) Limited. The property has a total gross floor area of 95,515 square feet, with the transaction valued at HK$1.16 billion. The board believes the sale presents an excellent opportunity for the group to realize its investment in the property.

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The property has a total gross floor area of 95,515 square feet, with the transaction valued at HK$1.16 billion. 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