Shangri-La Asia renews service contracts for Kerry Hotel Pudong

SGX Filings

Dec 30, 2025

Shangri-La Asia Limited said on Dec, 30 2025 that its wholly owned subsidiaries, Shangri-La International Hotel Management Ltd and Shangri-La Hotel Management (Shanghai) Co Ltd, have renewed their hotel management, training and proprietary technology agreements with Shanghai Pudong Kerry City Properties Co Ltd for the Kerry Hotel Pudong, Shanghai.

The renewal extends the three agreements for a further three years, ending Jan, 05 2029, with all existing terms and fee formulas unchanged.

Under the renewed arrangements, the annual fee caps are set at approximately 8.8 million Singapore dollars for the financial year ending Dec, 31 2026, 9.9 million Singapore dollars for 2027 and 10.5 million Singapore dollars for 2028.

Because the expected fee levels exceed 0.1% but remain below 5% of the applicable percentage ratios under Hong Kong listing rules, the transactions require public disclosure but do not need independent shareholders’ approval.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1146589068"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1146589068\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1146589068?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-30 19:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1146589068","market":"sg","top_or_hot":-1,"title":"Shangri-La Asia renews service contracts for Kerry Hotel Pudong","media":"SGX Filings","content":"<p>Shangri-La Asia Limited said on Dec, 30 2025 that its wholly owned subsidiaries, Shangri-La International Hotel Management Ltd and Shangri-La Hotel Management (Shanghai) Co Ltd, have renewed their hotel management, training and proprietary technology agreements with Shanghai Pudong Kerry City Properties Co Ltd for the Kerry Hotel Pudong, Shanghai.</p>\n<p>The renewal extends the three agreements for a further three years, ending Jan, 05 2029, with all existing terms and fee formulas unchanged.</p>\n<p>Under the renewed arrangements, the annual fee caps are set at approximately 8.8 million Singapore dollars for the financial year ending Dec, 31 2026, 9.9 million Singapore dollars for 2027 and 10.5 million Singapore dollars for 2028.</p>\n<p>Because the expected fee levels exceed 0.1% but remain below 5% of the applicable percentage ratios under Hong Kong listing rules, the transactions require public disclosure but do not need independent shareholders’ approval.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shangri-La Asia renews service contracts for Kerry Hotel Pudong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShangri-La Asia renews service contracts for Kerry Hotel Pudong\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2025-12-30 19:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shangri-La Asia Limited said on Dec, 30 2025 that its wholly owned subsidiaries, Shangri-La International Hotel Management Ltd and Shangri-La Hotel Management (Shanghai) Co Ltd, have renewed their hotel management, training and proprietary technology agreements with Shanghai Pudong Kerry City Properties Co Ltd for the Kerry Hotel Pudong, Shanghai.</p>\n<p>The renewal extends the three agreements for a further three years, ending Jan, 05 2029, with all existing terms and fee formulas unchanged.</p>\n<p>Under the renewed arrangements, the annual fee caps are set at approximately 8.8 million Singapore dollars for the financial year ending Dec, 31 2026, 9.9 million Singapore dollars for 2027 and 10.5 million Singapore dollars for 2028.</p>\n<p>Because the expected fee levels exceed 0.1% but remain below 5% of the applicable percentage ratios under Hong Kong listing rules, the transactions require public disclosure but do not need independent shareholders’ approval.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"S07.SI","symbol_name":"香格里拉亚洲","start_time":0,"source_url":"","article_id":"1146589068","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146589068","pubTimestamp":1767092888,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Shangri-La Asia Limited said on Dec, 30 2025 that its wholly owned subsidiaries, Shangri-La International Hotel Management Ltd and Shangri-La Hotel Management (Shanghai) Co Ltd, have renewed their...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"S07.SI":"香格里拉亚洲"},"translate_title":"亚洲香格里拉续签浦东嘉里大酒店服务合同","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S07.SI":1},"content_text":"Shangri-La Asia Limited said on Dec, 30 2025 that its wholly owned subsidiaries, Shangri-La International Hotel Management Ltd and Shangri-La Hotel Management (Shanghai) Co Ltd, have renewed their hotel management, training and proprietary technology agreements with Shanghai Pudong Kerry City Properties Co Ltd for the Kerry Hotel Pudong, Shanghai.\nThe renewal extends the three agreements for a further three years, ending Jan, 05 2029, with all existing terms and fee formulas unchanged.\nUnder the renewed arrangements, the annual fee caps are set at approximately 8.8 million Singapore dollars for the financial year ending Dec, 31 2026, 9.9 million Singapore dollars for 2027 and 10.5 million Singapore dollars for 2028.\nBecause the expected fee levels exceed 0.1% but remain below 5% of the applicable percentage ratios under Hong Kong listing rules, the transactions require public disclosure but do not need independent shareholders’ approval.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}