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Hao Tian International Construction Investment Group Limited ( (HK:1341) ) has shared an announcement.
Hao Tian International Construction Investment Group Limited has completed a significant share subscription transaction with PCL, acquiring approximately 29.82% of PCL’s enlarged share capital. This strategic move, involving the issuance of 1.6 billion consideration shares to PCL, positions the company to enhance its market presence and leverage PCL’s valuation of approximately HK$957.5 million, as assessed by an independent valuer.
The most recent analyst rating on (HK:1341) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hao Tian International Construction Investment Group Limited stock, see the HK:1341 Stock Forecast page.
More about Hao Tian International Construction Investment Group Limited
Hao Tian International Construction Investment Group Limited is a company incorporated in the Cayman Islands, primarily involved in construction investment. The company operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 785,936,839
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.02B
For detailed information about 1341 stock, go to TipRanks’ Stock Analysis page.