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Far East Consortium International ( (HK:0035) ) has issued an announcement.
Far East Consortium International Limited announced a discloseable transaction involving the sale and purchase of mortgage assets in Hong Kong. The transaction includes a Mortgage Portfolio Sale Agreement (MPSA) where the company’s subsidiaries are selling and transferring both beneficial and legal titles of mortgage assets to purchasers. This strategic move is part of the company’s efforts to manage its asset portfolio and could impact its financial positioning and stakeholder interests.
The most recent analyst rating on (HK:0035) stock is a Buy with a HK$1.55 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.
More about Far East Consortium International
Far East Consortium International Limited is a company incorporated in the Cayman Islands, primarily involved in real estate development and investment. The company focuses on developing residential, hotel, and commercial properties, with a significant market presence in Hong Kong and other regions.
Average Trading Volume: 1,307,654
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.84B
Learn more about 0035 stock on TipRanks’ Stock Analysis page.