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Chinese Estates Delays Property Disposal Circular
Company Announcements

Chinese Estates Delays Property Disposal Circular

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Invest with Confidence:

Chinese Estates (Holdings) ( (HK:0127) ) has provided an announcement.

Chinese Estates Holdings Limited announced a delay in the despatch of a circular concerning a major transaction involving the disposal of property by Knightlights Property International S.A. to Ellison SPV 2 Limited. Originally scheduled for release by 14 January 2025, the company has requested an extension to 21 January 2025 to finalize necessary information. This transaction is significant for the company as it involves a large proportion of its issued share capital, but no general meeting is required due to prior shareholder approval.

More about Chinese Estates (Holdings)

Chinese Estates Holdings Limited is a company incorporated in Bermuda with limited liability. It is primarily involved in real estate and property management, focusing on major property transactions and investments.

YTD Price Performance: -2.67%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $286.8M

See more insights into 0127 stock on TipRanks’ Stock Analysis page.

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