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Hong Kong Ferry Announces Connected Transactions for Healthcare and Beauty Centers

Story Highlights
  • Hong Kong Ferry operates in transportation and real estate, focusing on healthcare and beauty.
  • The company announced connected transactions for leasing premises, complying with Listing Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hong Kong Ferry Announces Connected Transactions for Healthcare and Beauty Centers

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The latest update is out from Hong Kong Ferry Holdings Co. Ltd. ( (HK:0050) ).

Hong Kong Ferry (Holdings) Company Limited has announced a series of connected transactions involving tenancy and license agreements with its subsidiary Century Time and Shahdan, a subsidiary of Miramar. These agreements, which include leasing premises for healthcare and beauty centers, are structured to comply with the Listing Rules, requiring only reporting and announcement without independent shareholders’ approval due to their de minimis nature.

More about Hong Kong Ferry Holdings Co. Ltd.

Hong Kong Ferry (Holdings) Company Limited operates in the transportation and real estate sectors, providing ferry services and engaging in property development and investment. The company is focused on leveraging its assets for healthcare, medical aesthetic, and beauty centers.

Average Trading Volume: 109,239

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.52B

For detailed information about 0050 stock, go to TipRanks’ Stock Analysis page.

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