Proposed sale of Langham Place project Eagle Crown Junjun REIT rose together

Zhitong Finance 5 news, Yingjun (00041) intends to sell Langham Place project announcement, stimulating Guanjun Reitt (02778) to rise with it.

As of 10:18 a.m., Crown Reit trust (02778) was up 6.71% at HK$5.25 and had a turnover of HK$60.51 million.

Eagle Jun (00041) also rose, now up 4.17%, quoted at HK$40, with a turnover of HK$8.23 million.

According to the latest announcement by Eagle King (00041), the Company has been informed by the Trust Manager that, in view of the current favorable commercial real estate market conditions in Hong Kong, it has appointed Savills (Hong Kong) Limited, on behalf of Crown Crown Reit (02778), to explore the possibility of selling all of crown REIT's office building property in Langham Place, 8 Argyle Street, Mong Kok, Kowloon.

According to the announcement, the trust manager is Eagle Asset Management (Guanjun) Co., Ltd. and also the manager of Guanjun Reitt. The Group holds an interest in Guanjun REIT in approximately 65.62%.

In addition, there was a mutation in the eye of the Eagle King Luo family's dispute over the storm. News shows that Paulina Lau, a senior executive of HSBC International Trust who is regarded as a key figure in the incident and runs the Roche family fund, has resigned.

Eagle Jun said that HSBC International Trust only manages the assets of the Roche family and does not participate in the management of Eagle Jun or its subsidiaries, so it will not have any impact on Eagle Jun or its subsidiaries.

Zhitong Finance Network

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