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Coastal Greenland Limited ( (HK:1124) ) has shared an announcement.
Coastal Greenland Limited has announced an update regarding a potential transaction involving the sale of a significant portion of its shares. The transaction, which involves a proposed sale and purchase agreement for 36.93% of the company’s issued share capital, is currently on hold due to a blackout period related to the company’s interim results. Negotiations are expected to resume after this period, with further updates to be provided in compliance with the Takeovers Code. Stakeholders are advised to exercise caution as there is no guarantee that the transaction will proceed.
The most recent analyst rating on (HK:1124) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Coastal Greenland Limited stock, see the HK:1124 Stock Forecast page.
More about Coastal Greenland Limited
Average Trading Volume: 6,383,606
Technical Sentiment Signal: Buy
Current Market Cap: HK$118.2M
For detailed information about 1124 stock, go to TipRanks’ Stock Analysis page.