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Hao Tian International Construction Investment Group Limited ( (HK:1341) ) has shared an update.
Hao Tian International Construction Investment Group Limited has completed the disposal of 85% of the issued share capital of a target company, ceasing its equity interest in the subsidiary. The transaction involved the transfer of Consideration Notes worth HK$850 million, which have been redeemed and canceled, and an additional HK$50 million used to repay an outstanding loan. This strategic move may impact the company’s financial structure and market positioning.
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, focusing on construction investment. It operates through its subsidiaries and is listed on the Stock Exchange of Hong Kong.
Average Trading Volume: 869,037,308
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.29B
For a thorough assessment of 1341 stock, go to TipRanks’ Stock Analysis page.