MAOYE INT'L(00848): Maoye Commercial adjusts commercial real estate public REITs filing scheme.
Meo International (00848) announced that Meo Commercial Group Limited disclosed on January 23, 2026, the "Announcement on the Application for the Issuance of Publicly Offered Commercial Real Estate Investment Trusts (REITs)" (Announcement No.: Lin2026-004). It plans to use some buildings in Chengdu Maoye Center at 28 North Tianfu Avenue, High-tech Zone, Chengdu (subject to regulatory approval) held by its wholly-owned subsidiary Chengshang Holdings Limited ("Chengshang Holdings") and the company's related party Chengdu Chongde Investment Limited ("Chongde Investment") as underlying assets for the issuance of publicly offered commercial real estate investment trusts (REITs).
MAOYE INT'L (00848) announced that Maoye Commercial Co., Ltd. disclosed the "Announcement on the Issuance of Commercial Real Estate Public REITs" (Announcement No.: Lin2026-004) on January 23, 2026. It is planned to use the partial building of Maoye Center located at 28 Tianfu Avenue North, Chengdu High-tech Zone, Chengdu (subject to regulatory approval) held by the wholly-owned subsidiary Chengshang Group Holdings Limited (referred to as "Chengshang Holdings") and the company's affiliated party Chengdu Chongde Investment Co., Ltd. (referred to as "Chongde Investment") as the underlying assets for the issuance of commercial real estate public REITs.
Given the urgent timeline for Maoye Commercial's commercial public REITs issuance, after thorough communication and deliberation between Maoye Commercial's management and intermediary institutions, a decision was made to adjust the application plan to ensure the smooth implementation of this project. The underlying asset has been adjusted to the office property of Tower C in Maoye Center, located at 28 Tianfu Avenue North, Chengdu High-tech Zone, Chengdu, held by Maoye Commercial's affiliated party Chongde Investment (subject to regulatory approval).
After the adjustment of the application plan, the issuance of the commercial public REITs project will continue to progress. The listed company will proceed with its related asset commercial public REITs business in a timely manner based on changes in the market environment.
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