Updates with details and background from paragraph 2 onwards
March 31 (Reuters) - Miramar Hotel and Investment's 0071.HK shareholders rejected the HK$3.12 billion ($401.11 million) deal under which it was buying a property from Hong Kong's Henderson Land Development 0012.HK for building a hotel and commercial complex.
Over 53% of stockholders voted against the proposed deal, while around 46% supported the transaction, an exchange filing by the hotel operator showed on Monday.
Henderson Land and Miramar, in January, unveiled plans to change ownership of the property, with the former scrapping plans for a new commercial tower.
Miramar intended to develop a hotel to ease pressure on its popular hotel, The Mira Hong Kong. The property's sale, located at the heart of Hong Kong's Tsim Sha Tsui district, was seen as a major sign of a post-pandemic recovery in the local tourism industry.
Henderson Land, which owns just over half of Miramar, said in the filing it would continue to demolish the existing building and redevelop the property into a new hotel. It added it will further explore opportunities regarding the new hotel with Miramar.
The property is a 1957 vintage building known as Champagne Court.
($1 = 7.7784 Hong Kong dollars)
(Reporting by Rishav Chatterjee in Bengaluru; Editing by Shilpi Majumdar and Vijay Kishore)
((Rishav.Chatterjee@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。