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The latest update is out from Emperor International Holdings Limited ( (HK:0163) ).
Emperor International Holdings Limited has announced a discloseable transaction involving the sale of its entire equity interest in a target company to Northstar 181-183 Propco Limited. The transaction, valued at approximately GBP21.8 million, is based on the fair market valuation of the property involved and is considered to be in the interests of the company and its shareholders. This strategic move is expected to streamline Emperor International’s portfolio and potentially enhance its financial position by divesting non-core assets.
More about Emperor International Holdings Limited
Emperor International Holdings Limited operates in the property investment industry, focusing on real estate assets and investments. The company is involved in the acquisition, development, and management of properties, primarily targeting markets in Hong Kong and other regions.
Average Trading Volume: 1,273,431
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.13B
For detailed information about 0163 stock, go to TipRanks’ Stock Analysis page.