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Grand Field Group Holdings Announces Subsidiary Disposal for HK$30 Million Gain

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Grand Field Group Holdings Announces Subsidiary Disposal for HK$30 Million Gain

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The latest update is out from Grand Field Group Holdings Ltd. ( (HK:0115) ).

Grand Field Group Holdings Limited announced the disposal of its subsidiary, Ka Fong Industrial Company Limited, which is involved in property development and investment. The sale, expected to be completed by June 30, 2025, will result in an estimated gain of approximately HK$30 million for the company. This transaction is not expected to have a material adverse impact on the company’s operations or property portfolio.

More about Grand Field Group Holdings Ltd.

Grand Field Group Holdings Limited is a company incorporated in Bermuda, primarily engaged in property development and property investment. The company operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 1,045

Technical Sentiment Signal: Sell

Current Market Cap: HK$45.32M

See more insights into 0115 stock on TipRanks’ Stock Analysis page.

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