Lo Yuk Sui hopes to finalize selling Regal Hotels International

Lo Yuk Sui, chairman & managing director of Regal Hotels International (0078), said at shareholder meeting that the company is in talks with several investors on selling stake in Regal Hotels and hopes to reach final results as soon as possible.

Lo made no response when asked whether Millennium & Copthorne(M&C)is one of the investors or not.

Previously, M&C was reported to have intention to bid for five subsidiaries of Regal Hotels International for HK$9700mln.

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