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The latest update is out from FAR International Holdings Group Company Limited ( (HK:2516) ).
FAR International Holdings Group Company Limited, through its indirect wholly owned subsidiary, has entered into six Pre-sale Contracts to acquire properties in Hangzhou, China, for a total consideration of RMB52,323,299. The transactions, aggregated under the Listing Rules, are classified as discloseable but exempt from shareholder approval. A delay in announcing these transactions was due to a misunderstanding regarding reporting requirements, which the company plans to address by strengthening control procedures and consulting professional advisers.
The most recent analyst rating on (HK:2516) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on FAR International Holdings Group Company Limited stock, see the HK:2516 Stock Forecast page.
More about FAR International Holdings Group Company Limited
Average Trading Volume: 1,301,290
Technical Sentiment Signal: Sell
See more data about 2516 stock on TipRanks’ Stock Analysis page.