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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 supplemental update regarding its acquisition of assets from Excellence Group. The transaction involves settling outstanding receivables through the transfer of various assets, including residential, retail, and office units, as well as car parking spaces. The valuation of these assets was conducted by an independent valuer, with a total value of RMB379,160,000. The announcement also clarified the net profit figures for the assets involved, ensuring transparency in the financial reporting for stakeholders.
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 focuses on the management of commercial properties, offering services that include asset management and property valuation.
Average Trading Volume: 1,076,586
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.37B
See more insights into 6989 stock on TipRanks’ Stock Analysis page.