Dalian Wanda Group’s Wanda Plaza building in Beijing is pictured in this file photo. Wanda Hotel Development Co., a unit of Dalian Wanda Group, said yesterday 65.04 percent of its issued shares will be transferred to a wholly owned unit of billionaire founder Wang Jianlin. Wang’s direct holding in Wanda Hotel will increase after Wanda Investment Holding Co. becomes the largest shareholder. Wanda Hotel’s largest shareholder at present is Wanda Commercial Properties Overseas Ltd. SD-Agencies |