Eastern Media Group (00018) subsidiary Pacific Resort plans to repurchase 10% of its shares.

Capital.com APP News, Oriental Media Group (00018) announced that on June 15, 2026, Pacific Resort (an indirectly non-wholly-owned subsidiary of the company) entered into a share repurchase agreement with the seller PACIFIC RESORT INVESTMENT PTY LTD and Dongbang (an indirectly wholly-owned subsidiary of the company). Under this agreement, the seller has conditionally agreed to sell, and Pacific Resort has conditionally agreed to repurchase, the repurchased shares (accounting for 10% of the total issued share capital of Pacific Resort) for a consideration of 2.829 million Australian dollars (equivalent to approximately 15.616 million Hong Kong dollars). Upon completion, Pacific Resort will become an indirectly wholly-owned subsidiary of the company.