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Aztech Global Ltd. ( (SG:8AZ) ) just unveiled an announcement.
Aztech Global Ltd. has announced the completion of a sale-and-leaseback transaction involving its factory buildings and land in Dongguan, China, executed through a wholly owned subsidiary. The deal allows the company to unlock capital tied up in its industrial property while retaining operational use of the facilities through a leaseback arrangement, potentially enhancing financial flexibility without disrupting ongoing manufacturing activities at the Dongguan site.
The most recent analyst rating on (SG:8AZ) stock is a Hold with a S$0.66 price target. To see the full list of analyst forecasts on Aztech Global Ltd. stock, see the SG:8AZ Stock Forecast page.
More about Aztech Global Ltd.
Average Trading Volume: 304,143
Technical Sentiment Signal: Buy
Current Market Cap: S$501.7M
See more data about 8AZ stock on TipRanks’ Stock Analysis page.