{"id":61638,"date":"2017-07-24T20:12:51","date_gmt":"2017-07-24T13:12:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-seeks-us537-million-in-share-placement-after-wanda-acquisition\/"},"modified":"2017-07-24T20:18:50","modified_gmt":"2017-07-24T13:18:50","slug":"sunac-seeks-us537-million-in-share-placement-after-wanda-acquisition","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-seeks-us537-million-in-share-placement-after-wanda-acquisition\/","title":{"rendered":"Sunac seeks US$537 million in share placement after Wanda acquisition"},"content":{"rendered":"


\nSunac China, one of the country\u2019s most indebted developers, is raising up to HK$4.2 billion (US$537 million) in a share placement after it agreed to buy Dalian Wanda Group\u2019s tourism projects for 43.8 billion yuan last week.
\nSunac China is selling 220 million shares, priced between HK$18.33 to HK$19.10 each in a top-up placement, according to the terms revealed.
\nLast week, Wanda Group said it would sell its hotel assets for 19.9 billion yuan (US$3 billion) to Guangzhou R&F…
\n
\nSource : South China Morning Post
\nRead more…Sunac seeks US7 million in share placement after Wanda acquisition<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sunac China, one of the country\u2019s most indebted developers, is raising up to HK$4.2 billion...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-61638","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-g2a","jetpack-related-posts":[{"id":60374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-deal-gives-sunac-plenty-of-room-to-expand\/","url_meta":{"origin":61638,"position":0},"title":"Wanda deal gives Sunac plenty of room to expand","date":"July 11, 2017","format":false,"excerpt":"\r Sunac China said its US$9.3 billion acquisition of hotels and tourism projects from Dalian Wanda Group will give it 50 million square metres of saleable stock for expanding its property empire. Sunac, the seventh-largest Chinese homebuilder, founded by Shanxi tycoon Sun Hongbin, saw its share price jump as much\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stock-in-chinas-sunac-plunges-after-it-seeks-to-raise-us1-billion-through-share-placement\/","url_meta":{"origin":61638,"position":1},"title":"Stock in China\u2019s Sunac plunges after it seeks to raise US$1 billion through share placement","date":"December 15, 2017","format":false,"excerpt":"\r Shares of property developer Sunac China Holdings slumped by as much as 10 per cent on Friday after it said it would raise HK$7.82 billion (US$1 billion) through a share placement. The firm, chaired by billionaire Sun Hongbin, has agreed to sell 251.5 million shares at HK$31.1 each, an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal\/","url_meta":{"origin":61638,"position":2},"title":"Explainer: Here\u2019s what\u2019s in Wanda and Sunac after China\u2019s largest single property deal","date":"July 12, 2017","format":false,"excerpt":"\r Wang Jianlin, China\u2019s wealthiest magnate, this week announced a surprise sale of the majority of his hotel and tourism portfolio for 63 billion yuan to Sunac China. Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion Sunac, founded by Shanxi tycoon Sun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-sunac-rope-in-guangzhou-rampf-into-chinas-largest-real-estate-transaction\/","url_meta":{"origin":61638,"position":3},"title":"Wanda, Sunac rope in Guangzhou R&amp;F into China\u2019s largest real estate transaction","date":"July 19, 2017","format":false,"excerpt":"\r Wanda Group and Sunac China have roped in Guangzhou R&F Properties as a partner in the country\u2019s largest real estate transaction. Wanda had agreed last week to sell 76 hotels and theme parks to Sunac for 63 billion yuan (US$9.3 billion). At a signing ceremony in Beijing, R&F\u2019s name\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-shares-soar-after-it-quit-plans-to-buy-wandas-hotel-assets\/","url_meta":{"origin":61638,"position":4},"title":"Sunac shares soar after it quit plans to buy Wanda\u2019s hotel assets","date":"July 20, 2017","format":false,"excerpt":"\r Share prices of Sunac China Holdings and Guangzhou R&F Properties, the original and new buyers of Wanda Group\u2019s hotel assets, surged on Thursday. Sunac China\u2019s Hong Kong-traded stock surged as much as 18 per cent in the morning, before scaling back to close 14.2 per cent up at HK$19.64.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-shares-plunge-on-leecos-worsening-crisis\/","url_meta":{"origin":61638,"position":5},"title":"Sunac China shares plunge on LeEco\u2019s worsening crisis","date":"July 7, 2017","format":false,"excerpt":"\r Shares of Sunac China slumped in Hong Kong on Friday as investors fear that the developer could suffer a big loss from its 15 billion yuan (US$2.2 billion) bet on the cash-strapped LeEco Group, and would be forced to take over operations of the group\u2019s core business. Sunac shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61638"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=61638"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61638\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}