PCPD (00432) Receives US$400.00 Million Offer to Acquire Subsidiary

Bulletin Express
Feb 13

Pacific Century Premium Developments Limited (the “Company,” together with its subsidiaries, the “Group”) announced that on 13 February 2026, an independent third party offered US$400.00 million to acquire Rafflesia Investment Limited, an indirect wholly-owned subsidiary of the Company. Rafflesia Investment Limited owns Pacific Century Place, Jakarta, a commercial property in Indonesia.

The Company is in advanced negotiations regarding the offer. Any resulting transaction may or may not proceed and will be subject to shareholder approval under applicable Listing Rules. Shareholders and potential investors of the Company are advised to exercise caution when trading the Company’s shares. The Company will announce further details in accordance with relevant regulations if and when required.

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.

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