Emperor International (00163) proposes to sell properties in Macau

According to the Zhitong Finance App, Emperor International (00163) announced that on August 20, 2026, the seller Yee Wing Limited (an indirect wholly-owned subsidiary of the Company) had entered into the agreement with the buyer Jingtian Limited. The seller had conditionally agreed to sell and the buyer had conditionally agreed to purchase the property at a cost of HK$106 million (with reference to the property's valuation of HK$106 million on July 31, 2026).

According to reports, the property is located in Macau, Avenida Amérita Lipelos (New Avenida), No. 201-209 and Corner Wai (Dapeng Heng Alley), Block A on the 1st floor (with basement), Block A on the 1st floor, Block A on the 2nd floor, Block A on the 3rd floor, and Block A on the 4th floor. There are five commercial units in total.

After considering recent market conditions in the Macau property market, the cost of HK$106 million is equal to the valuation as of July 31, 2026. The Board of Directors believes that the sale provides a good opportunity for the Group to realise its investment in this property. Compared to the original acquisition cost of the property, which was approximately HK$98 million, the property was monetized at a premium of approximately 8.2%. Based on the property's book value of HK$120 million on March 31, 2026 (the end date of the previous financial year), the Group expects a fair value loss of approximately HK$14 million, subject to final review by the Company's auditors.