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The latest update is out from Desun Real Estate Investment Services Group Co., Ltd. ( (HK:2270) ).
Desun Real Estate Investment Services Group Co., Ltd. announced that its wholly-owned subsidiary, Chengdu Desun, has entered into Termination Agreements to return 652 parking spaces to vendors, with relevant debtors agreeing to pay RMB22.52 million. These transactions are considered connected transactions under the Listing Rules, involving entities controlled by the company’s controlling shareholder, Mr. Zou Kang. The agreements are subject to reporting and announcement requirements but exempt from independent shareholder approval.
The most recent analyst rating on (HK:2270) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Desun Real Estate Investment Services Group Co., Ltd. stock, see the HK:2270 Stock Forecast page.
More about Desun Real Estate Investment Services Group Co., Ltd.
Desun Real Estate Investment Services Group Co., Ltd. is a company incorporated in the Cayman Islands, focusing on real estate investment services. The company operates in the real estate industry, primarily dealing with property transactions and investments, including parking spaces.
Average Trading Volume: 23,481
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.03B
Learn more about 2270 stock on TipRanks’ Stock Analysis page.