Hong Kong's PAG plans to expand Huis Ten Bosch's theme park and has appointed Katana Inc to assist with branding and operations, it said in a statement.

H.I.S. will sell 20 million shares it owns in Huis Ten Bosch for a transfer price of 66.66 billion yen, the company said on Monday.

H.I.S. will record an extraordinary profit of 64.66 billion yen in its non-consolidated financial results for the fourth quarter ending October 2022.

($1 = 138.3200 yen)

(Reporting by Abinaya Vijayaraghavan and Urvi Dugar in Bengaluru; Editing by Subhranshu Sahu)