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Dimmi Life Holdings Limited ( (HK:1667) ) has shared an announcement.
Dimmi Life Holdings Limited, through its indirect wholly-owned subsidiary, has entered into an agreement to sell a land parcel in Japan for JPY415,000,000 (approximately HK$21,995,000) to 39 Real Estate Co., Ltd. and Kawa Real Estate Consultant Co., Ltd. This transaction is considered a discloseable transaction under the Hong Kong Listing Rules, requiring reporting and announcement due to the applicable percentage ratios exceeding 5% but being less than 25%. The completion of this sale is contingent upon the registration of the transfer documents with Japanese authorities, and the company advises caution to its shareholders and potential investors.
The most recent analyst rating on (HK:1667) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Dimmi Life Holdings Limited stock, see the HK:1667 Stock Forecast page.
More about Dimmi Life Holdings Limited
Average Trading Volume: 385,925
Technical Sentiment Signal: Buy
Current Market Cap: HK$273.6M
Learn more about 1667 stock on TipRanks’ Stock Analysis page.