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An update from China Wantian Holdings Limited ( (HK:1854) ) is now available.
China Wantian Holdings Limited has announced that its subsidiary, Shenzhen Wantian Catering, has entered into a Supplemental Catering Tenancy Agreement with Wangu Basket to restructure lease arrangements in the Greater Bay Area. Additionally, a Supplemental Management Service Agreement was signed with Wangu Business Management to align management services with the new lease terms. These agreements, recognized under HKFRS 16 as right-of-use assets, involve connected transactions that are subject to reporting and announcement requirements but are exempt from certain shareholder approval processes under the Hong Kong Listing Rules.
The most recent analyst rating on (HK:1854) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Wantian Holdings Limited stock, see the HK:1854 Stock Forecast page.
More about China Wantian Holdings Limited
China Wantian Holdings Limited operates primarily in the catering industry, focusing on providing catering services in the Greater Bay Area through its subsidiary, Shenzhen Wantian Catering.
Average Trading Volume: 1,110,205
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.53B
For a thorough assessment of 1854 stock, go to TipRanks’ Stock Analysis page.