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Hope Life International Holdings Ltd. ( (HK:1683) ) has shared an announcement.
Hope Life International Holdings Ltd., through its subsidiary Jiangxi Luxin, has entered into two significant agreements with Fujian Zhongniang. The first is an Asset Purchase Agreement for HK$87.3 million, which will be settled by issuing shares. The second is a Lease Agreement for a 20-year lease of properties, valued at RMB20 million, also settled through share issuance. These transactions are considered discloseable under Hong Kong’s Listing Rules, impacting the company’s financial statements by recognizing a right-of-use asset valued at approximately HK$12.23 million.
More about Hope Life International Holdings Ltd.
Average Trading Volume: 6,175,402
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.04B
See more data about 1683 stock on TipRanks’ Stock Analysis page.