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Excellence Commercial Property Delays Circular Dispatch

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Excellence Commercial Property Delays Circular Dispatch

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Excellence Commercial Property & Facilities Management Group Limited ( (HK:6989) ) has issued an update.

Excellence Commercial Property & Facilities Management Group Limited announced a delay in the dispatch of a circular related to discloseable and connected transactions. The circular, which includes details of a settlement agreement and recommendations from the Independent Board Committee, is now expected to be sent to shareholders by October 31, 2025. This delay indicates the company’s need for additional time to finalize necessary information, potentially impacting its timeline for shareholder engagement and decision-making.

The most recent analyst rating on (HK:6989) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Excellence Commercial Property & Facilities Management Group Limited stock, see the HK:6989 Stock Forecast page.

More about Excellence Commercial Property & Facilities Management Group Limited

Excellence Commercial Property & Facilities Management Group Limited operates in the commercial property and facilities management industry. The company provides comprehensive property management services, focusing on enhancing the value and functionality of commercial properties.

Average Trading Volume: 1,029,421

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.42B

See more insights into 6989 stock on TipRanks’ Stock Analysis page.

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