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GDH Guangnan Announces Material Variation in Partnership Terms

Story Highlights
  • GDH Guangnan has modified terms of a connected transaction involving a limited partnership.
  • The new agreement requires announcement under Hong Kong Stock Exchange rules due to material changes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GDH Guangnan Announces Material Variation in Partnership Terms

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GDH Guangnan (Holdings) Limited ( (HK:1203) ) has provided an update.

GDH Guangnan (Holdings) Limited has announced a material variation in the terms of its connected transaction related to a limited partnership. The company, through its subsidiary GDH Guangnan Investment, has entered into a new partnership agreement with GDH Investment Fund and GDH Capital Group, which involves changes to the original partnership agreement. This transaction is considered a connected transaction under the Hong Kong Stock Exchange Listing Rules, requiring an announcement due to the material variation in terms.

The most recent analyst rating on (HK:1203) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on GDH Guangnan (Holdings) Limited stock, see the HK:1203 Stock Forecast page.

More about GDH Guangnan (Holdings) Limited

Average Trading Volume: 281,291

Technical Sentiment Signal: Buy

Current Market Cap: HK$789.6M

Learn more about 1203 stock on TipRanks’ Stock Analysis page.

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