Shun Tak Unit Bags Tender for Development Project
MT Newswires Live2024-10-21
A development project tender submitted by Shun Tak's (HKG:0242) indirect, non-wholly-owned unit Shun Tak AJ Hackett Skypark has been accepted by Ocean Park, a Monday bourse filing said.
The tender was submitted for the development and operation of a new adventure zone at Ocean Park.
Shun Tak will cooperate with the AJ Hackett group to pursue the project through Shun Tak AJ Hackett Skypark.
Under the letter for award, the parties will enter into a development and operating agreement and a sublease with Ocean Park within 30 calendar days.
Shares of the real estate operator closed nearly 3% lower on Monday.
Price (HKD): $0.70, Change: $-0.020, Percent Change: -2.78%
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