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S&T Holdings Ltd. ( (HK:3928) ) has provided an update.
China Next-Gen Commerce and Supply Chain Limited has announced a discloseable transaction involving the disposal of a property. The company, listed on the Hong Kong Stock Exchange, has granted an Option To Purchase to 2K Property Pte Ltd for S$8.8 million. This transaction is classified as a discloseable transaction under the Listing Rules, as it exceeds 5% of applicable percentage ratios but is under 25%. The property is subject to a tenancy agreement with a rent-free period and a subsequent 12-month lease.
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: 877,096
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.93B
For a thorough assessment of 3928 stock, go to TipRanks’ Stock Analysis page.