Emperor International Holdings Launches New Residential Pre-Sales and Sells Macau Properties to Strengthen Financial Position

Reuters
09/30
Emperor International Holdings Launches New Residential Pre-Sales and Sells Macau Properties to Strengthen Financial Position

Emperor International Holdings Limited has provided a quarterly business update, outlining several measures taken to improve its financial position and address concerns regarding its going concern status as stated in the annual report for the year ended 31 March 2025. The Group, principally engaged in property investment and development in Greater China and overseas, reported that business operations are continuing as usual. Notably, in September 2025, Emperor International launched the pre-sales of its new residential development project, the MVP, located at No. 28 Bonham Road, Mid-levels, Hong Kong. The development will be a 27-storey residential tower with 117 units and a total saleable area of approximately 91,000 square feet. As of the announcement date, sales contracts for 112 units have been committed, with a total contract sum of around HK$2,230 million. Construction is proceeding according to schedule. Additionally, the Group completed the disposal of three investment properties in Macau for a total consideration of HK$90.0 million. The sale is intended to realize the value of these assets, with transaction completion expected on or before 31 October 2025. The company also noted it is actively engaging in discussions with banks to formulate consensual financial rearrangement measures and will issue further announcements as appropriate. Emperor International stated its commitment to keeping shareholders and potential investors informed of ongoing developments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Emperor International Holdings Limited published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein.

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