tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BeijingWest Industries Announces Asset Transfer and Valuation

Story Highlights
BeijingWest Industries Announces Asset Transfer and Valuation

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

BeijingWest International ( (HK:2339) ) just unveiled an update.

BeijingWest Industries International Limited has announced a connected transaction involving the transfer of asset ownership, specifically focusing on Production Line I and Production Line II. The valuation of these assets was determined using a cost approach, considering factors such as replacement costs and comprehensive newness rate, which accounts for physical deterioration and economic obsolescence. This transaction provides additional information to shareholders and potential investors, highlighting the unique nature of the assets designed for BWI Indiana’s products.

More about BeijingWest International

YTD Price Performance: 186.13%

Average Trading Volume: 449,090

Technical Sentiment Signal: Buy

Current Market Cap: HK$413.5M

For detailed information about 2339 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1