Zhi Tong Cai Jing·2025-11-20 08:51Group 1 - The acquisition involves the purchase of all issued shares of Kai Tak Development Limited for a total consideration of HKD 1.75 billion, with a face value of MOP 180,000 [1][2] - The buyer will repay a loan from Industrial and Commercial Bank of China, capped at HKD 1,749,825,243, which corresponds to the valuation of the Kai Tak hotel property [1] - The acquisition aligns with the strategic goal of integrating resources to provide long-term value and synergies for the company [2] Group 2 - The Kai Tak hotel is strategically located near the city center of Macau, enhancing its attractiveness as an asset [2] - The acquisition is expected to create operational synergies across hotel accommodation and dining services, benefiting the overall group [2] - The board believes that this acquisition will significantly contribute to the long-term development and market positioning of the company in the Macau Peninsula [2]