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REGAL REIT Signs Letter of Intent with AAHK to Extend Sub-Lease for Regal Airport Hotel by 3 Yrs
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REGAL REIT (01881.HK) announced that its wholly-owned subsidiary, Bauhinia Hotels Limited, signed a binding letter of intent with the Airport Authority Hong Kong (AAHK) on December 12. Both parties have agreed to further extend the sub-lease for Regal Airport Hotel by three years from December 31, 2028. CENTURY C INT'L (00355.HK) indirectly holds around 62.3% of the total issued shares of PALIBURG HOLD (00617.HK), which in turn indirectly holds 69.3% of the total issued shares of REGAL INT'L (00078.HK). Currently, REGAL INT'L indirectly holds around 74.9% of the total issued fund units of REGAL REIT. AAStocks Financial News |
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