P&R swaps 8.25% of Cosmopolitan (0120.HK) for shares in AMTD International (NYSE:HKIB) with AMTD Group Co Ltd

P&R is owned 50:50 by Paliburg (0617) and Regal Hotels (0078), a 69.25% subsidiary of Paliburg. The deal is valued at HK$626.1m based on an AMTD price of US$8.45 and a Cosmopolitan price of HK$1.70. The 9.5m A-Shares in AMTD International are 16.89% of the class, 3.87% of the equity and 0.25% of the voting rights, raising the Paliburg group holding to 34.82% of the class, 8.84% of the equity and 0.58% of the voting rights.

Organisations

AMTD Group Inc. 尚乘集團有限公司
AMTD IDEA Group
AMTD Properties (HK) Limited
CENTURY CITY INTERNATIONAL HOLDINGS LIMITED
COSMOPOLITAN INTERNATIONAL HOLDINGS LIMITED
P&R Finance Limited 百富金融財務有限公司
P&R Holdings Limited
PALIBURG HOLDINGS LIMITED
REGAL HOTELS INTERNATIONAL HOLDINGS LIMITED
Valuegood International Limited

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Organisations