Four Seas Mercantile Holdings Limited (HK:0374) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Four Seas Mercantile Holdings Limited has announced the acquisition of two properties in East Kowloon, Hong Kong, for a total of HK$205,400,000. The properties include the entire 31st floor and office space on the 21st floor of a Grade A intelligent office building, which will be used as the company’s new Hong Kong offices. The transaction is a discloseable event according to the Listing Rules, as the acquisition percentages are significant.
For further insights into HK:0374 stock, check out TipRanks’ Stock Analysis page.