Singapore’s UOL in talks to acquire Hong Kong’s Hyatt Regency hotel

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TheStraitsTimes Singapore 59m

Singapore’s UOL in talks to acquire Hong Kong’s Hyatt Regency hotel

HONG KONG – Property firm New World Development is in talks to sell its 50 per cent stake in a Hong Kong hotel to Singapore’s UOL Group, according to people familiar with the matter. The potential transaction would value the Hyatt Regency hotel in Kowloon at around HK$3 billion (S$488 million), the»»»

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