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Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited has announced a notification to its untraced shareholders, defined as those whose payments have remained uncashed for 12 years. The company is giving these shareholders a three-month period to claim their outstanding payments, including dividends and warrants. If unclaimed by October 11, 2025, the company will sell the shares and use or invest the proceeds for its benefit, as per its Bye-Laws. This move could potentially impact the company’s financial position by allowing it to utilize unclaimed funds.
The most recent analyst rating on (GB:HKLD) stock is a Hold with a $4.80 price target. To see the full list of analyst forecasts on Hongkong Land Holdings stock, see the GB:HKLD Stock Forecast page.
More about Hongkong Land Holdings
Hongkong Land Holdings Limited is a major property investment, management, and development group. The company primarily focuses on prime office and luxury retail properties in key Asian cities, with a significant presence in Hong Kong and Singapore.
Average Trading Volume: 3,944
Technical Sentiment Signal: Buy
Current Market Cap: $13.66B
See more insights into HKLD stock on TipRanks’ Stock Analysis page.