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An announcement from DL Holdings Group Limited ( (HK:1709) ) is now available.
DL Holdings Group Limited, a company incorporated in the Cayman Islands, announced a supplemental update regarding its connected transaction involving the further subscription of a 15.10% Class B membership interest in Carmel Reserve LLC. The consideration for this transaction was determined after arm’s length negotiations and was based on the adjusted net asset value (NAV) of the target company, calculated at approximately USD 71.59 million as of March 31, 2025. This adjustment takes into account the fair market value of the investment properties, highlighting the company’s strategic financial assessment in its investment decisions.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
More about DL Holdings Group Limited
Average Trading Volume: 67,779,369
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.53B
See more data about 1709 stock on TipRanks’ Stock Analysis page.