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China State Construction Development Holdings Limited ( (HK:0830) ) has issued an announcement.
China State Construction Development Holdings Limited has announced a significant transaction involving the sale of its Canadian assets. The company, through its wholly-owned subsidiaries, has entered into an agreement to sell these assets to an independent third party for CAD93,288,000. This transaction is classified as a discloseable transaction under the Listing Rules, requiring reporting and announcement due to its size. The disposal is expected to impact the company’s asset portfolio and financial positioning, potentially affecting stakeholders’ interests.
The most recent analyst rating on (HK:0830) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China State Construction Development Holdings Limited stock, see the HK:0830 Stock Forecast page.
More about China State Construction Development Holdings Limited
Average Trading Volume: 1,997,708
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.59B
For a thorough assessment of 0830 stock, go to TipRanks’ Stock Analysis page.