The family of late “Shop King” Tang Shing-bor is raising HK$2.4 billion (US$310 million) by selling a hotel and a majority stake in an East Kowloon industrial building, continuing an asset selling campaign which began at the height of the Covid-19 pandemic in 2020.
Source : South China Morning Post
Read more…Hong Kong ‘Shop King’ Tang Shing-bor’s family to raise US0 million by selling assets including a hotel at a 28% discount
