LANGHAM-SS: Payment of hotel management fees and licensing fees
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LANGHAM-SS announced that as of December 31, 2024, it needs to pay approximately HKD 62.3 million in hotel management fees, of which HKD 29.563 million has been paid. The fees will be partially paid in cash amounting to HKD 5.986 million, and partially through the issuance of 56.9154 million new share units at HKD 0.470 per unit. The cash payment will be completed by February 28, 2025, and the subsequent share units will be settled in batches to comply with listing rules
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