Date
16 December 2017

Franshion mulls mainland hotel spinoff in HK, filing says

Franshion Properties (China) Ltd. (00817.HK) said in an exchange filing Monday that it is considering spinning off some of its hotel assets and related businesses in China to list on the Hong Kong stock exchange. Franshion is planning to hold at least a 51 percent stake in the new entity. The developer has yet to make a formal application and no timeline has been drawn up, the filing said.

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EL/AC/SK

 

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