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The latest update is out from Coastal Greenland Limited ( (HK:1124) ).
Coastal Greenland Limited has announced an update regarding a potential transaction involving a sale and purchase agreement for 153,126,197 shares and a sale loan. The company disclosed that negotiations between the vendor and the offeror have resumed, but no formal agreement has been reached yet. The outcome of this transaction could significantly impact the company’s operations and market positioning, and further updates will be provided in compliance with regulatory requirements.
The most recent analyst rating on (HK:1124) stock is a Hold with a HK$0.32 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
Coastal Greenland Limited is a company incorporated in Bermuda, operating within the real estate industry. It focuses on property development and investment, primarily in the Chinese market.
YTD Price Performance: 105.04%
Average Trading Volume: 4,234,523
Technical Sentiment Signal: Hold
Current Market Cap: HK$118.2M
For detailed information about 1124 stock, go to TipRanks’ Stock Analysis page.