Regal Hotels International Announces Sale of Property Holding Company for £19.5 Million

Reuters
Sep 01, 2025
Regal Hotels International Announces Sale of Property Holding Company for £19.5 Million

Regal Hotels International Holdings Ltd. has announced a transaction involving the disposal of a property holding company. On July 29, 2025, the company disclosed that its wholly-owned subsidiary, acting as the seller, and Regal as the seller's guarantor, entered into a Share Purchase Agreement with a purchaser. The headline purchase price for the transaction is set at £19,500,000, equivalent to approximately HK$208,650,000. Under the agreement, the seller conditionally agreed to sell the Sale Shares for a base consideration of £1, subject to adjustments. Additionally, the purchaser will provide funding to the target company to enable the repayment of the shareholder's loan upon completion. The announcement was made by Regal Hotels International Holdings Ltd.

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