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Jianye Group: Founder Dr. Wang Shiyong has passed away.
CHINNEY INV (00216), HON KWOK LAND (00160), CHINNEY ALLI (00385) and CHINNEY KW (...)
Hon Kwok, Chinney-Controlled Hotel Takes Over Osaka Hotel Acquisition Contract
HON KWOK LAND (00160.HK) acquired hotel property in Osaka City for a consideration of 1.2 billion yen.
HON KWOK LAND (00160.HK) and CHINNEY INV (00216.HK) jointly announced that HON KWOK holds 51% of the subsidiary The Bauhinia Hotels Group Japan 5, which is acquiring a 10-story hotel property located in the Tennoji district of Osaka, Japan, from an independent third party. This property includes 59 guest rooms and 42 capsule rooms, with a cash consideration of 1.22 billion yen (approximately 62.2 million HKD), and it is expected that external financing of no less than 50% will be obtained from Banks in Japan.
HON KWOK LAND's subsidiary plans to acquire a hotel property located in Osaka, Japan.
HON KWOK LAND (00160) and CHINNEY INV (00216) jointly announced that on February 7, 2025, The Bauhinia Hotels Group Japan 5 entered into a sale and purchase agreement transfer agreement with the seller and Green Estate, with The Bauhinia Hotels Group Japan 5 (as the assignee) agreeing to receive and assume the sale and purchase agreement related to the property acquired by Green Estate from the seller.
CHINNEY INV: Interim Report 2024/25
Chinney Investments Logs Wider Attributable Loss for Six Months to September