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S&T Holdings Ltd. ( (HK:3928) ) has shared an announcement.
China Next-Gen Commerce and Supply Chain Limited announced the acquisition of Shanghai Mitaki through a connected transaction involving Ms. Wang, a director and controlling shareholder. The acquisition, valued at RMB1.5 million, is a fully exempt connected transaction under the Listing Rules. Additionally, Shanghai Mitaki has entered into a Lease Service Framework Agreement with Seazen Holdings, marking a shift in leasing and property management services. This agreement, subject to annual caps, is considered a continuing connected transaction requiring shareholder approval due to its scale.
The most recent analyst rating on (HK:3928) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on S&T Holdings Ltd. stock, see the HK:3928 Stock Forecast page.
More about S&T Holdings Ltd.
Average Trading Volume: 680,081
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.26B
See more data about 3928 stock on TipRanks’ Stock Analysis page.