Pacific Century Premium Developments Limited has agreed to sell its wholly-owned subsidiary, Triple8 KK, which owns and operates Midtown Niseko in Japan. The sale is being carried out through a share sale agreement, with the consideration payable by the purchaser covering both the sale shares and the assignment of shareholder loans. The completion of the transaction is subject to certain conditions being met. J.P. Morgan Securities (Asia Pacific) Limited acted as financial advisor to the seller in the disposal.
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. PCPD - Pacific Century Premium Developments Ltd. 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-20260213-12024252), on February 13, 2026, and is solely responsible for the information contained therein.