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C&D Property Management Renews Lease Agreement with Xiamen C&D

Story Highlights
  • C&D Property Management renews lease with Xiamen C&D for properties and parking.
  • The renewal is a connected transaction, subject to reporting but exempt from shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
C&D Property Management Renews Lease Agreement with Xiamen C&D

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The latest announcement is out from C&D Property Management Group Co., Ltd. ( (HK:2156) ).

C&D Property Management Group Co., Ltd. has renewed its Lease Framework Agreement with Xiamen C&D Group, extending the lease of certain properties and car parking spaces for operational and business use from January 1, 2026, to December 31, 2028. This renewal, classified as a continuing connected transaction under the Listing Rules, will be subject to reporting and annual review requirements, but it is exempt from independent shareholders’ approval due to the applicable percentage ratios.

The most recent analyst rating on (HK:2156) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on C&D Property Management Group Co., Ltd. stock, see the HK:2156 Stock Forecast page.

More about C&D Property Management Group Co., Ltd.

C&D Property Management Group Co., Ltd. is a company incorporated in the British Virgin Islands, primarily involved in property management services. The company focuses on leasing properties for operational use and car parking spaces, working closely with its controlling shareholder, Xiamen C&D Group.

Average Trading Volume: 762,084

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.8B

For detailed information about 2156 stock, go to TipRanks’ Stock Analysis page.

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