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Convenience Retail Asia Limited ( (HK:0831) ) has provided an update.
Convenience Retail Asia Limited, through its indirect wholly-owned subsidiary CFL, has entered into a legally binding Term Sheet with KAMUI Cold Chain Engineering & Service Limited for a construction project. The project involves works on the premises at the Precision Manufacturing Centre in Tai Po, Hong Kong, with a contract sum of HK$18,800,000. This transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, requiring reporting and announcement but exempt from circular and independent shareholders’ approval.
The most recent analyst rating on (HK:0831) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Convenience Retail Asia Limited stock, see the HK:0831 Stock Forecast page.
More about Convenience Retail Asia Limited
Average Trading Volume: 1,177,179
Technical Sentiment Signal: Sell
Current Market Cap: HK$256.5M
For detailed information about 0831 stock, go to TipRanks’ Stock Analysis page.