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LANGHAM-SS (01270.HK): The hotel manager has chosen to withdraw the management fees in full in Cash.
On December 16, Gelonghui reported that LANGHAM-SS (01270.HK) announced that according to the hotel management agreement and trademark licensing agreement, the hotel manager (a wholly-owned subsidiary of GREAT EAGLE H) has chosen to withdraw the management fees in full in Cash / Money Market as of December 31, 2025. Therefore, the distribution amount to the holders of the consolidated units will be reduced as of December 31, 2025.
LANGHAM-SS: 2024 Interim Report
Langting-SS (01270) fell by 48.90%, now trading at 0.455 yuan, hitting a new 52-week low.
As of 10:49, Langting-SS (01270) fell by 48.90% from the previous closing price, now at 0.455 yuan, hitting a 52-week low; with a volume of 0.246 million shares, and a turnover of 0.1128 million Hong Kong dollars.
The Langham-SS (01270.HK) issued shares to pay for hotel management fees and licensing fees.
Langham-SS (01270.HK) announced on August 29 that the trust and the company will issue 59,245,043 new shares or order units to LHIL Assets on August 30, 2024, under special authorization, to pay the hotel management fees and licensing fees due to the hotel manager during the six-month period ending June 30, 2024. The trust and the company have applied to the Stock Exchange for approval to list and trade the shares or order units to pay the manager fees for the six-month period ending June 30, 2024.
LungTing-SS (01270) will issue 59.245 million new shares based on special authorization, totaling the order.
Link REIT (01270) announced that the trust and the company will act in accordance with the special authorization until August 2024...
Langham Hospitality Investments' Profit Down in H1
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