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Gemini Investments Announces Major U.S. Property Sale

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Gemini Investments Announces Major U.S. Property Sale

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An update from Gemini Investments (Holdings) Limited ( (HK:0174) ) is now available.

Gemini Investments (Holdings) Limited has announced a major transaction involving the sale of properties in the U.S. through its real estate fund platform. The transaction, valued at approximately US$30 million, is considered a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval. The company plans to obtain written approval from major shareholders, potentially exempting it from convening a general meeting. This move is expected to streamline the approval process and align with regulatory requirements.

The most recent analyst rating on (HK:0174) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Gemini Investments (Holdings) Limited stock, see the HK:0174 Stock Forecast page.

More about Gemini Investments (Holdings) Limited

Average Trading Volume: 89,818

Technical Sentiment Signal: Sell

Current Market Cap: HK$139.8M

Find detailed analytics on 0174 stock on TipRanks’ Stock Analysis page.

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