Lai Sun Development Company Limited has disclosed the disposal of its equity interest in the entity owning the SPL property. The transaction involves the sale and purchase of shares in accordance with the terms set out in the relevant agreement, including the capitalisation of a vendor loan as share capital. Completion of the disposal remains subject to the fulfilment of various conditions precedent. The company's board considers the terms of the agreement to be fair and reasonable and in the interests of the company and its shareholders as a whole.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lai Sun Development Company Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251215-11956077), on December 15, 2025, and is solely responsible for the information contained therein.