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what is the diff between property development & property hospitality? the price actually drops after they announced of no intention to inject property development
they normally sold the property & leaseback from their buyers with profit sharing , no holding cost and they just provide services, like do hotel business without built or owned hotel, good business model especially during the tourism boom season
yes, they came out to clarify that they are not injection property arm in which means they are not misleading and they still yet officially announce what to do with this company