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regal real estate investment (1881) Details

Regal Real Estate Investment Trust and its subsidiaries own and invest in hotel and hospitality related properties in Hong Kong. It owns five hotel properties, including Regal Airport Hotel, Regal Hongkong Hotel, Regal Kowloon Hotel, Regal Oriental Hotel, and Regal Riverside Hotel. The company was formed on December 11, 2006 and is based in Causeway Bay, Hong Kong.

Founded in 2006

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regal real estate investment (1881) Key Developments

Regal REIT Announces Directorate Changes, Effective August 1, 2014

Regal REIT announced that Mr. Francis Chiu has tendered his resignation as an executive director of the REIT Manager in order to pursue his other career interests. Mr. Chiu's resignation will take effect from 1 August 2014 and, on that date, he will also cease to be a responsible officer and a member of the Disclosure Committee of the REIT Manager and an authorised representative of Regal REIT. Until such date, Mr. Chiu will continue to serve as an executive director, responsible officer, Disclosure Committee member of the REIT Manager and an authorised representative of Regal REIT. Mr. Johnny Chen Sing Hung has recently been engaged by the REIT Manager as a senior officer in the position entitled "Director - Asset Management" and it is intended that Mr. Chen will be appointed as a responsible officer, an executive director and a member of the Disclosure Committee of the REIT Manager after his satisfying the SFC's requirements and obtaining the SFC's approval to be a responsible officer. Mr. Chen will assume and undertake the management duties and responsibilities presently performed by Mr. Chiu, and will be responsible for, among other things, overseeing and managing the asset management activities of Regal REIT and, jointly with Mr. Simon Lam Man Lim, an executive director of the REIT Manager, for making disclosures and communications of Regal REIT to investors, upon obtaining the SFC's approval to be a responsible officer. Mr. Lam has been appointed to replace Mr. Chiu as an authorised representative of Regal REIT with effect from 1 August 2014.

Regal Real Estate Investment Trust Announces Registered Office Address Change, Effective from April 14, 2014

Regal Real Estate Investment Trust announced that the registered office will be changed to Unit No. 2001, 20th Floor, 68 Yee Wo Street, Causeway Bay, Hong Kong with effect from 14th April, 2014.

Regal REIT Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Regal REIT announced audited consolidated earnings results for the year ended December 31, 2013. For the year, net cash flows from operating activities were HKD 606,703,000 against HKD 470,724,000 a year ago. Purchases of items of property, plant and equipment was HKD 3,023,000 against HKD 238,000 a year ago. Additions to investment properties were HKD 178,749,000 against HKD 69,962,000 a year ago.

 

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