Core Viewpoint - Far East Development announced the sale of its stake in the Ritz-Carlton hotel operations and property company in Perth, Australia, for a total consideration of AUD 100 million (approximately HKD 515 million) to The Generation Essentials Group (NYSE: TGE) [2] Group 1 - The transaction aims to realize the value of the hotel, facilitate capital recycling, enhance the group's liquidity, and optimize its net asset-liability ratio [2] - The board believes that this sale aligns with the group's strategy to release profits from its hotel portfolio and divest non-core assets [2]

Core Viewpoint - The company, Far East Consortium International Limited, has entered into a conditional sale agreement to sell 50% of its shares in two subsidiaries, RC Perth Operations Pty Ltd and Perth FEC Pty Ltd, for a total consideration of AUD 100 million [1][2]. Group 1: Transaction Details - The sale agreement involves the seller's wholly-owned subsidiaries, FEC Holdings and FEC Hotel, and the buyer, The Generation Essentials Group [1]. - The transaction is subject to the terms and conditions outlined in the sale agreement [1]. - The target group includes an operating company, a property company, and an RC operating company, all registered in Australia [2]. Group 2: Company Operations - The operating company primarily engages in investment holding, while the property company focuses on property investment [2]. - The RC operating company is involved in hotel operations [2]. Group 3: Strategic Implications - The board believes the transaction will realize the value of the hotel, enable the reinvestment of proceeds, and enhance the group's liquidity while reducing the net asset liability ratio [2]. - The transaction aligns with the group's strategy to release development profits from its hotel portfolio and divest non-core assets [2].

Group 1 - The company announced a conditional sale agreement with The Generation Essentials Group for the sale of 50% of shares in two subsidiaries, RC Perth Operations Pty Ltd and Perth FEC Pty Ltd, for a total consideration of AUD 100 million (approximately HKD 515 million) [1] - The subsidiaries involved include an operational company primarily engaged in investment holding and a property company focused on property investment, both of which are wholly owned by the company [1] - The hotel in question is the Ritz-Carlton located at 1 Barrack St, Perth WA 6000, Australia [1] Group 2 - The board believes that the transaction will realize the value of the hotel, enable the reinvestment of proceeds, increase liquidity, and reduce the company's net asset liability ratio [2] - The transaction aligns with the company's strategy to release profits from its hotel portfolio and divest non-core assets [2]

Core Viewpoint - The companies BGI Hotel, Shunhao Properties, and Shunhao Holdings expect significant increases in net profit for the mid-term of 2025 compared to the same period in 2024, driven by improved hotel revenues and reduced operational costs [1][2]. Group 1: Financial Projections - BGI Hotel anticipates a net profit of no less than HKD 59 million for the mid-term of 2025, up from HKD 42 million in 2024, representing an increase of over 40% [1] - Shunhao Properties expects a net profit of no less than HKD 78 million for the mid-term of 2025, compared to HKD 61 million in 2024, indicating an increase of over 28% [1] - Shunhao Holdings projects a net profit of no less than HKD 38 million for the mid-term of 2025, up from HKD 30 million in 2024, reflecting an increase of over 27% [1] Group 2: Factors Influencing Profit Changes - The expected increase in net profit for 2025 is primarily attributed to higher hotel revenues, reduced operational costs, and lower financial costs [2] - Despite the profit increases, Shunhao Properties and Shunhao Holdings are projected to experience a decrease in net profit when accounting for property revaluation and non-cash depreciation due to a weak property market leading to lower non-cash property valuations [2]

Core Viewpoint - Century City International, Paliburg Holdings, and Regal Hotels have announced a share purchase agreement involving the sale of a property in London for £19.5 million, with additional financial arrangements for shareholder loans [1][2][3] Group 1: Transaction Details - The total purchase price for the shares is £19.5 million, approximately HKD 209 million [1] - The seller, Sun Moon International Limited, is a wholly-owned subsidiary of Regal Hotels, and the buyer is MNX Properties Limited [1] - The buyer will provide funds to the target company to repay approximately £19.46 million in shareholder loans owed to the seller [1] Group 2: Target Company Information - The target company, Waterman House Investments Limited, is the sole legal and beneficial owner of the property located at 41 Kingsway, London [2] - The maximum total price the seller expects to receive is estimated at £20.43 million, approximately HKD 219 million [2] - The property is a nine-story building with a total floor area of approximately 2,150 square meters (23,140 square feet) and is currently vacant [2] Group 3: Strategic Rationale - Regal Hotels initially intended to develop the property into a hotel but decided to reassess its overseas investment strategy due to the impact of the COVID-19 pandemic and geopolitical uncertainties [3] - The company aims to focus on its core hotel and property business in Hong Kong and is actively seeking to sell non-core assets to strengthen liquidity [3] - The sale of this property aligns with Regal's asset disposal plan, allowing for consideration of satisfactory offers [3]