Beijing Media Corp. Ltd. Class H (HK:1000) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Beijing Media Corp. Ltd. plans to sell a state-owned property through a public tender with an initial bidding price of RMB20.7065 million. This transaction is classified as a major deal subject to shareholder approval, and a subsidiary of Capital Group has shown interest in bidding. The outcome of the tender will determine the final sale price and buyer, with further announcements expected.
For further insights into HK:1000 stock, check out TipRanks’ Stock Analysis page.