EMPEROR INT'L: Existing bank loan arrangements have returned to normal, the MVP project has cashed out 2.49 billion yuan

AASTOCKS
2026.01.02 01:40

EMPEROR INT'L (00163.HK) announced that the company has reached a consensus with all relevant banks, and the group's existing bank loan arrangements have returned to normal; the group will enjoy greater financial flexibility until at least July 31, 2027, to support future business development.

In terms of business, the pre-sale of the residential project the MVP, which consists of a total of 117 units, has been completed, with a total sales contract amount of approximately HKD 2.49 billion. The project at 15 Shouson Hill has sold two houses in September and December 2025, with a total contract amount of approximately HKD 870 million.

In addition, the group has completed the sale of a retail and office building located at 181 to 183 Oxford Street, London, to an independent third party for £22 million, equivalent to approximately HKD 230 million. At the same time, the group plans to sell a commercial building located at 60 Gloucester Road, Wan Chai, Hong Kong, to an independent third party for HKD 1.16 billion, with the transaction expected to be completed on or before January 22, 2026