PCPD Calls Special Meeting to Approve Jakarta and Niseko Asset Sales
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Pacific Century Premium Developments Limited (HK:0432) has announced a special general meeting on May 20, 2026, for shareholders to vote on the sale of assets in Jakarta and Niseko. The Jakarta deal involves selling a project company for US$400 million, while the Niseko transaction is for US$80 million. Both require shareholder approval and aim to reshape the company's asset portfolio and strengthen its financial position in Asian real estate.
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