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An update from Herald Holdings Limited ( (HK:0114) ) is now available.
Herald Holdings Limited, through its indirect wholly-owned subsidiary, has entered into a preliminary agreement to acquire a property at Dynasty Court, Hong Kong, for HK$81,500,000. The acquisition is considered a discloseable transaction under the Listing Rules, as the relevant percentage ratios exceed 5% but are less than 25%, and is subject to reporting and announcement requirements. The property is currently leased to a company subsidiary and occupied by a director, with the purchase agreement stipulating that the property will be acquired subject to the existing tenancy.
The most recent analyst rating on (HK:0114) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Herald Holdings Limited stock, see the HK:0114 Stock Forecast page.
More about Herald Holdings Limited
Average Trading Volume: 123,323
Technical Sentiment Signal: Buy
Current Market Cap: HK$344.6M
Learn more about 0114 stock on TipRanks’ Stock Analysis page.