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Far East Holdings International Ltd. ( (HK:0036) ) has provided an update.
Far East Holdings International Ltd. has entered into a memorandum of understanding to potentially acquire a target company that owns a hotel property in Macau. This strategic move, subject to due diligence and valuation, could enhance the company’s portfolio in the hospitality industry, offering potential growth opportunities and strengthening its market position.
More about Far East Holdings International Ltd.
Far East Holdings International Ltd. operates in the real estate sector, focusing on property investments and hotel operations in the Asia-Pacific region.
YTD Price Performance: 1.37%
Average Trading Volume: 78,730
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$124.2M
For a thorough assessment of 0036 stock, go to TipRanks’ Stock Analysis page.