Stock Movement: Wanda Hotel Development (00169) Surges Over 20% After Completion of Major Sale; Special Dividend of HKD 0.462 to be Paid Next Month

Stock News

10/17

Wanda Hotel Development (00169) saw its shares rise over 20%, currently up 18.75% at HKD 0.76, with a trading volume of HKD 13.35 million. The company announced that it has completed a significant sale transaction and will distribute a special dividend of HKD 0.462 per share on November 19 to shareholders registered on November 5. The announcement confirmed that all conditions precedent had been met, and the sale of all issued shares of Wanda Hotel Management (Hong Kong) Limited was completed on October 16, 2025. Following the completion date of the sale, the dividend will be distributed to shareholders listed on the company’s register as of November 5, 2025 (Wednesday).

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