Emperor Entertainment Hotel (DE:EM7A) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Emperor Entertainment Hotel has entered into a sale and purchase agreement for a major acquisition valued at HK$700 million, subject to adjustments. This deal involves the entire equity interest in the target company and a related sale loan, triggering disclosure requirements but not needing shareholder approval for Emperor International. The transaction is considered significant for Emperor E Hotel, requiring circulars, independent shareholder approval, and reporting under the Listing Rules.
For further insights into DE:EM7A stock, check out TipRanks’ Stock Analysis page.
