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GR Properties Expands into Digital Medical Services with Major Acquisition

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GR Properties Expands into Digital Medical Services with Major Acquisition

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GR Properties Limited ( (HK:0108) ) has issued an announcement.

GR Properties Limited, through its subsidiary GR Life Style Company Limited, has announced a significant acquisition in the digital medical services sector. The company plans to acquire 100% equity interest in a target company for approximately RMB269.0 million, to be settled by issuing consideration shares. This acquisition, involving several agreements, is expected to enhance GR Properties’ footprint in the digital healthcare industry, aligning with its strategic growth objectives.

The most recent analyst rating on (HK:0108) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on GR Properties Limited stock, see the HK:0108 Stock Forecast page.

More about GR Properties Limited

Average Trading Volume: 2,993,340

Technical Sentiment Signal: Buy

Current Market Cap: HK$12.75B

See more data about 0108 stock on TipRanks’ Stock Analysis page.

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