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Alco Holdings ( (HK:0328) ) has issued an update.
Alco Holdings Limited has announced a special general meeting to approve the sale of certain property assets located in Metropole Square, Sha Tin, to The Hang Seng University of Hong Kong for HK$90 million. This transaction is part of the company’s strategic asset management and could potentially impact its financial standing and stakeholder interests.
The most recent analyst rating on (HK:0328) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Alco Holdings stock, see the HK:0328 Stock Forecast page.
More about Alco Holdings
Alco Holdings Limited is a company incorporated in Bermuda with limited liability, operating primarily in Hong Kong. The company is involved in various business activities, including real estate, as evidenced by its ownership and management of properties such as Metropole Square in Sha Tin, New Territories.
Average Trading Volume: 358,702
Technical Sentiment Signal: Sell
Current Market Cap: HK$151.2M
For detailed information about 0328 stock, go to TipRanks’ Stock Analysis page.