{"id":73644,"date":"2017-12-04T16:18:40","date_gmt":"2017-12-04T09:18:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-tycoon-wang-takes-control-of-hong-kong-listed-hotels-unit-for-us469-million\/"},"modified":"2017-12-04T17:13:28","modified_gmt":"2017-12-04T10:13:28","slug":"wanda-tycoon-wang-takes-control-of-hong-kong-listed-hotels-unit-for-us469-million","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-tycoon-wang-takes-control-of-hong-kong-listed-hotels-unit-for-us469-million\/","title":{"rendered":"Wanda tycoon Wang takes control of Hong Kong-listed hotels unit for US$469 million"},"content":{"rendered":"


\nChinese tycoon Wang Jianlin is buying a controlling 65 per cent stake in Hong Kong-listed company
\nWanda Hotel Development for HK$3.67 billion (US$469 million), at HK$1.20 per share, the latest step in the ongoing reorganisation of his Dalian Wanda Group.
\nAccording to a regulatory filing on Monday, Wanda Investment Holding, a company wholly owned by Wang, has signed a non-legally binding letter of intent to buy 65 per cent of Wanda Hotel Development from Wanda Commercial Properties Overseas,…
\n
\nSource : South China Morning Post
\nRead more…Wanda tycoon Wang takes control of Hong Kong-listed hotels unit for US9 million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese tycoon Wang Jianlin is buying a controlling 65 per cent stake in Hong Kong-listed...<\/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-73644","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-j9O","jetpack-related-posts":[{"id":64395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-hotel-first-half-loss-widens-to-hk300-million\/","url_meta":{"origin":73644,"position":0},"title":"Wanda Hotel first-half loss widens to HK$$300 million","date":"August 23, 2017","format":false,"excerpt":"\r Losses at Wanda Hotel Development, the overseas platform of Chinese tycoon Wang Jianlin\u2019s Dalian Wanda Group, widened to HK$300 million (US$38.3 million) in the first half of 2017, no thanks to a substantial loss from the disposal of a Madrid development project. The first-half loss was also eight times\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-jianlin-offers-hk52-8-a-share-to-delist-dalian-wanda-commercial-properties-from-hong-kong\/","url_meta":{"origin":73644,"position":1},"title":"Wang Jianlin offers HK$52.8 a share to delist Dalian Wanda Commercial Properties from Hong Kong","date":"May 30, 2016","format":false,"excerpt":"\r Dalian Wanda Group, chaired by billionaire Wang Jianlin, is offering HK$52.80 per share to buy out owners and privatise its Hong Kong-listed property unit, Dalian Wanda Commercial Properties, the latter said in a filing to the Hong Kong stock exchange on Monday morning.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-wang-jianlins-wanda-group-sells-chicago-tower-as-it-continues-to-trim-multibillion-dollar-debt\/","url_meta":{"origin":73644,"position":2},"title":"Billionaire Wang Jianlin\u2019s Wanda Group sells Chicago tower as it continues to trim multibillion-dollar debt","date":"July 30, 2020","format":false,"excerpt":"\r Dalian Wanda Group, controlled by Chinese billionaire Wang Jianlin, is selling another overseas asset to pare its multibillion-dollar debtload.Its Hong Kong-listed unit Wanda Hotel Development has agreed to sell its 90 per cent stake in the 101-storey Vista Tower for US$270 million to Chicago-based real estate company Magellan Parcel,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22905,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shareholders-approve-plan-by-chinese-billionaire-wang-jianlin-to-delist-wanda-commercial-from-hong-kong\/","url_meta":{"origin":73644,"position":3},"title":"Shareholders approve plan by Chinese billionaire Wang Jianlin to delist Wanda Commercial from Hong Kong","date":"August 15, 2016","format":false,"excerpt":"\r Billionaire Wang Jianlin\u2019s HK$34 billion plan to buy back his Dalian Wanda Commercial Properties was approved by shareholders on Monday, a big step forward in the tycoon\u2019s plan to relist his Hong Kong listed property arm on the Chinese mainland.\r \r Source : South China Morning Post\r Read more...Shareholders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-deal-gives-sunac-plenty-of-room-to-expand\/","url_meta":{"origin":73644,"position":4},"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":63300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-hotels-shares-soar-on-wang-jianlins-plan-to-turn-it-into-a-hotel-and-theme-park-manager\/","url_meta":{"origin":73644,"position":5},"title":"Wanda Hotel\u2019s shares soar on Wang Jianlin\u2019s plan to turn it into a hotel and theme park manager","date":"August 10, 2017","format":false,"excerpt":"\r Chinese magnate Wang Jianlin, fresh from an epic sale of 77 of his hotels and 13 theme parks to pursue what he calls an \u201casset light\u201d business model, has injected the management and operations of his erstwhile assets into one of his Hong Kong affiliates, as he rearranges his\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\/73644"}],"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=73644"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/73644\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=73644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=73644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=73644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}