Wanda Hotel Development Co. Ltd. has announced an update regarding its planned sale of the entire issued share capital of Wanda Hotel Management (HK) Co. Limited. A meeting of the company's board of directors is scheduled for June 5, 2025, to discuss the potential declaration of a special dividend related to this transaction. The special dividend, if approved, would be contingent upon fulfilling specific conditions outlined in an upcoming circular associated with the disposal. This development follows the initial announcement made on April 17, 2025.
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