HK's Wanda Hotel halts trade pending statement on asset disposal

Wanda Hotel Development

19/01/2018 24:52

HONG KONG, Jan 19 (Reuters) - Wanda Hotel Development Co Ltd 
 0169.HK  said on Friday it had requested a trading halt for its 
shares, pending a statement regarding a "very substantial 
disposal" by the company. 
    It gave no further details in its statement.       
    Wanda Hotel, a unit of Dalian Wanda Group, said this week 
that it was selling its 60 percent stake in a company that owns 
the high-profile One Nine Elms project in London for 35.61 
million pounds ($49 million).  urn:newsml:reuters.com:*:nL3N1PC1LU 
 
 (Reporting by Donny Kwok; Editing by Edwina Gibbs) 
 ((donny.kwok@thomsonreuters.com; +852 2843 6470; Reuters 
Messaging: donny.kwok.reuters.com@reuters.net)) 
 
Keywords: WANDA HOTEL SALE/