Subject category:
Finance, Accounting and Control
Published by:
Asia Case Research Centre, The University of Hong Kong
Share a link:
https://casecent.re/p/22101
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
This is part of a case series. In September 1994, Sino Land, the best known second tier property developer in Hong Kong, was studying the possibility of a spin-off of its hotels and hospitality division into a separately listed firm. Sino Land initially concentrated on property and began hotel operations in 1985 while expanding into China in 1989. Under the proposed de-merger, the new holding vehicle, Sino Hotels (Holdings), would inherit equity interests in a number of hotels and restaurants. It was also scheduled to list on the Hong Kong Stock Exchange after elevation of Sino Land to a blue chip Hang Seng Index constituent stock on 28 February 1998. The case looks at the rationale and the timing of the spin-off and investigates whether the event resulted in an increase in Sino Land's stock market value and improvements in its business.
Subject category:
Finance, Accounting and Control
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 7 pages
Subject category:
Finance, Accounting and Control
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 11 pages
Data source: Published sources
About
Abstract
This is part of a case series. In September 1994, Sino Land, the best known second tier property developer in Hong Kong, was studying the possibility of a spin-off of its hotels and hospitality division into a separately listed firm. Sino Land initially concentrated on property and began hotel operations in 1985 while expanding into China in 1989. Under the proposed de-merger, the new holding vehicle, Sino Hotels (Holdings), would inherit equity interests in a number of hotels and restaurants. It was also scheduled to list on the Hong Kong Stock Exchange after elevation of Sino Land to a blue chip Hang Seng Index constituent stock on 28 February 1998. The case looks at the rationale and the timing of the spin-off and investigates whether the event resulted in an increase in Sino Land's stock market value and improvements in its business.
Settings
Related
Subject category:
Finance, Accounting and Control
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 7 pages
Subject category:
Finance, Accounting and Control
Published by:
Asia Case Research Centre, The University of Hong Kong
Length: 11 pages
Data source: Published sources