Oriental Hotels funds USD 1.764 million debt repayment through HK subsidiary
ORIENTHOT · price
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Oriental Hotels approved a cash subscription of USD 1.764 million for 63,000 new shares of OHL International (HK), its wholly owned Hong Kong subsidiary, at USD 28 per share. The funds will repay debt at St. James Court Hotels Ltd. Completion is planned by November 7, 2025. Ownership remains 100%.
A group-level cash outflow that supports debt repayment, with no change in OHL International ownership or direct dilution for Oriental Hotels shareholders.