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Bauhaus International (Holdings) Ltd. ( (HK:0483) ) has issued an update.
Bauhaus International (Holdings) Ltd. has announced a discloseable transaction involving the acquisition of a property in Kowloon, Hong Kong. The purchase, valued at HK$8,320,000, is being executed by Bauhaus Property Limited, a wholly-owned subsidiary of the company. The transaction is significant as it falls under the discloseable transaction category according to the Hong Kong Stock Exchange’s Listing Rules, requiring formal reporting and announcements. This acquisition could potentially impact Bauhaus’s asset portfolio and market positioning in the real estate sector.
The most recent analyst rating on (HK:0483) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Bauhaus International (Holdings) Ltd. stock, see the HK:0483 Stock Forecast page.
More about Bauhaus International (Holdings) Ltd.
Average Trading Volume: 169,000
Technical Sentiment Signal: Hold
Current Market Cap: HK$104.7M
Learn more about 0483 stock on TipRanks’ Stock Analysis page.