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Greenheart Group Announces Major Asset Disposal Valued at NZ$91.76 Million

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Greenheart Group Announces Major Asset Disposal Valued at NZ$91.76 Million

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The latest announcement is out from Greenheart Group ( (HK:0094) ).

Greenheart Group Limited has announced a very substantial disposal involving the sale of its tree crops and forest land, valued at approximately NZ$91.76 million. The valuation, confirmed by Indufor Asia Pacific Limited, was based on income and market comparison approaches. Deloitte Touche Tohmatsu reviewed the calculations, ensuring compliance with the Listing Rules, while the company’s Financial Adviser confirmed the profit forecast was made with due diligence.

More about Greenheart Group

Greenheart Group Limited is a company incorporated in Bermuda with limited liability, primarily operating in the forestry industry. The company focuses on the management and sale of tree crops and forest land, leveraging valuation methods such as the discounted cash flow approach and market comparison to appraise its assets.

Average Trading Volume: 2,865,089

Technical Sentiment Signal: Buy

Current Market Cap: HK$186.4M

For a thorough assessment of 0094 stock, go to TipRanks’ Stock Analysis page.

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