Dalian Wanda, the Chinese property and entertainment conglomerate, denied reports on Tuesday that it was looking for a buyer for five of its overseas property developments.
In a statement posted to the Hong Kong stock exchange, Wanda declared media reports as untrue though it is “approached by third parties from time to time” to discuss property sales.
“Following the recent changes in some directors of the Company, the Company is undertaking a strategic review of its property projects and will consider any business opportunities which can create value for shareholders,” according to the statement.
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