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Hang Pin Living Technology Announces Major Property Acquisition

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Hang Pin Living Technology Announces Major Property Acquisition

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Hang Pin Living Technology Company Limited ( (HK:1682) ) has issued an update.

Hang Pin Living Technology Company Limited has announced a major transaction involving the acquisition of a property for HK$47,532,000. The acquisition is considered a major transaction under the Listing Rules due to the applicable percentage ratios exceeding 25% but being less than 100%. The transaction has received written approval from the controlling shareholder, eliminating the need for an extraordinary general meeting. The company plans to dispatch a circular with further details to shareholders by December 1, 2025, although a waiver may be sought for additional time to prepare the necessary financial information.

More about Hang Pin Living Technology Company Limited

Hang Pin Living Technology Company Limited operates in the technology sector, focusing on providing innovative solutions and services. The company is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 817,381

Technical Sentiment Signal: Buy

Current Market Cap: HK$158M

Find detailed analytics on 1682 stock on TipRanks’ Stock Analysis page.

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