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China Beidahuang Industry Group Holdings Ltd. ( (HK:0039) ) has shared an announcement.
China Beidahuang Industry Group Holdings Limited has announced the signing of a framework agreement to potentially acquire Huapan and Hao Resources Co., Ltd., a company based in Laos engaged in investment and development. The acquisition involves the BOT concession project for the Laos Boten International Port Health and Animal and Plant Inspection and Quarantine Center, which includes administrative responsibilities and rights to tolls, real estate investment, and income in the Boten area. This strategic move could enhance the company’s position by gaining an extensive operational period of 90 years with significant profit-sharing benefits, potentially impacting its stakeholders positively.
More about China Beidahuang Industry Group Holdings Ltd.
YTD Price Performance: -6.67%
Average Trading Volume: 1,839,967
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$423.4M
See more insights into 0039 stock on TipRanks’ Stock Analysis page.