Guan Jun intended to sell Lang Hao Square office Luo old lady said surprised

(0078), the crown Jun industry (2778) said that in response to the current Hong Kong commercial real estate market conditions of the favorable environment, has appointed the first Pacific Davis to explore the sale of valuation of 8.477 billion yuan in Mong Kok Langham Square office; eagle king founder Luo Ying Shi widow Luo Du Li Jun expressed surprise. Macquarie refers to the sale of the company can increase the valuation of 10%, the target price of 5.5 yuan, crown Jun shares rose 9%.

Eagle Jun: no longer commentary Luo Lao Tai speech as the eagle Jun Luo family long Luo Lao Tai yesterday by the public relations reply reporter said: “I am surprised to know today in any financial pressure, it is not appropriate When is it important to sell important assets?

However, Eagle said that they have been operating according to corporate governance mechanism, there are high transparency of information disclosure, all major issues must be the Board of Directors to consider and vote on the General Assembly vote, and has been in line with all shareholders of the premise. The group will no longer comment on Luo Laotai’s remarks.

Macquarie: sales can improve the crown of the valuation of another into the first Pacific Davis issued a quote cited Greater China Chief Executive Officer Li Weiyen said the market after another record record to the king of the transaction, is expected to Central Meridian Road after the completion of the price Up to 70,000 yuan, while the Kai Tak commercial land after the completion of the price is also up to 25,000 to 27,000 yuan. Langham Place is located in Mong Kok, the market is expected to project than the Kai Tak King premium to three into four percent, although it is only half of the price of the Central to the king, is a reasonable level. Ogre Macquarie said that if the yield rate of 2%, the project price of up to 14.75 billion yuan, can also increase the company valuation of 10%, to give crown Jun target price of 5.5 yuan. Morgan Stanley also expects the project to sell for $ 9.8 billion to $ 15 billion.

Eagle shares rose more than 5%

At present, the eagle in the crown chan accounted for 65.52%, the market share of 20.449 billion yuan, the main assets for the eagle. According to Langham Place office to the end of the property valuation discount calculation, Eagle Jun can share the least 5.554 billion yuan. Crown Jun closed down 5.37 yuan, up 9.14%, turnover of 222 million yuan; Eagle closed at 40.4 yuan, up 5.2%, turnover of 15 million yuan.