Shangri-La Asia Sees Major Share Transfer of HK$910 Million, Representing 6.16% of Holdings
Stock News
Sep 01
Hong Kong stock exchange filings reveal that on August 31, a significant position shift occurred for Shangri-La Asia (00069), with a total transfer market value of HK$910 million, accounting for 6.16% of the company's shares. A shareholder moved 220 million shares into UBS Securities Hong Kong, while the same number of shares were transferred out from UBS Securities Hong Kong's account.
In its interim results for fiscal year 2026, Shangri-La Asia reported revenue of US$1.124 billion, up 6.4% year-on-year. Profit attributable to owners of the company surged 53.6% to US$88.982 million, with basic earnings per share of US 2.50 cents. The board has proposed an interim dividend of HK 5 cents per share.
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