Mandarin Oriental International Limited announced on Dec, 31 2025 that all conditions for the disposal of Levels 21–35, rooftop signage and 50 parking spaces at One Causeway Bay to Alibaba Group and Ant Group have been fulfilled and the transaction has completed.

The completion removes the final real-estate condition attached to the recommended cash acquisition under which Jardine Strategic Limited, a wholly owned unit of Jardine Matheson Holdings Limited, will purchase the 11.96 % of Mandarin Oriental shares it does not already own.

Mandarin Oriental said it will return the sale proceeds via a special dividend of US$0.60 per share, to be paid on Jan, 22 2026 to shareholders on the register at the close of business on Jan, 09 2026. The stock will trade ex-dividend on Jan, 08 2026.

The Bermuda Court sanction hearing for the scheme of arrangement is set for Jan, 15 2026, with the scheme expected to become effective on Jan, 19 2026, after which the company’s listings in Bermuda, London and Singapore are scheduled for cancellation on Jan, 20 2026.

Under the indicative timetable, independent shareholders are slated to receive cash consideration for their shares no later than Jan, 30 2026, and the long-stop date for the acquisition is May, 31 2026.