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The latest announcement is out from Easyknit International Holdings Ltd ( (HK:1218) ).
Easyknit International Holdings Ltd announced a very substantial disposal involving its wholly-owned subsidiary, Easyknit Properties, entering into a Sale and Purchase Agreement with Eminence. The agreement entails the sale of the entire issued share capital of Mark Profit, which holds significant property assets and equity securities, for approximately HK$268.4 million. This transaction is subject to shareholder approval and other conditions, and its completion could significantly impact Easyknit’s operations and market positioning.
The most recent analyst rating on (HK:1218) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Easyknit International Holdings Ltd stock, see the HK:1218 Stock Forecast page.
More about Easyknit International Holdings Ltd
Easyknit International Holdings Ltd is a company incorporated in Bermuda with limited liability. It operates in the real estate industry, primarily focusing on property investment and development. The company is involved in various property-related activities, including the acquisition and management of commercial and residential properties.
Average Trading Volume: 65,267
Technical Sentiment Signal: Buy
Current Market Cap: HK$215.3M
See more data about 1218 stock on TipRanks’ Stock Analysis page.