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Continental Holdings Limited ( (HK:0513) ) just unveiled an update.
Continental Holdings Limited has convened a general meeting of shareholders to vote on approving, ratifying and confirming a conditional sale and purchase agreement and a supplemental agreement related to the disposal of certain shares and an associated loan by its subsidiary, Continental Mining Holdings Limited, to Cubic Stone Holdings Limited. The board is also seeking shareholder authorization to empower one or two directors to execute all necessary documents, arrangements and possible amendments to implement and complete the transaction, signaling a potential restructuring or reallocation of assets that could affect the company’s portfolio and capital deployment once approved.
The most recent analyst rating on (HK:0513) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on Continental Holdings Limited stock, see the HK:0513 Stock Forecast page.
More about Continental Holdings Limited
Average Trading Volume: 57,100
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$89.49M
See more insights into 0513 stock on TipRanks’ Stock Analysis page.