Hong Kong Land Director Acquires Shares Despite Notification Delay

TigerNews SG
01-14

Hongkong Land Holdings Limited has announced that Ms. Lily Jencks, a non-executive director, acquired 79,300 ordinary shares in the company at a price of US$3.7950 per share on the Singapore Exchange on October 10, 2024. However, due to an administrative oversight, the transaction was not publicly notified within the required timeframe. This incident highlights the significance of timely disclosures in maintaining corporate governance standards.

Hongkong Land Holdings Limited is a prestigious real estate investment, management, and development group with a primary focus on commercial properties in key Asian cities. Its portfolio comprises prime office and luxury retail spaces, serving multinational corporations and discerning consumers.

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