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Jinhui Holdings Co. Ltd. ( (HK:0137) ) has shared an update.
Jinhui Holdings Co. Ltd. announced the acquisition of a property located at the 25th Floor, Yardley Commercial Building, No. 3 Connaught Road West, Hong Kong, for HK$67,380,000. This transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules. The property, currently under tenancy until June 2027, will be used by the Group for self-use, and the acquisition is expected to be funded through the company’s internal resources. The directors believe the acquisition is fair, reasonable, and beneficial to the company’s interests.
The most recent analyst rating on (HK:0137) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Jinhui Holdings Co. Ltd. stock, see the HK:0137 Stock Forecast page.
More about Jinhui Holdings Co. Ltd.
Jinhui Holdings Co. Ltd. is primarily engaged in investment holding, with its subsidiaries focusing on international ship chartering and ship owning. The company operates through its wholly-owned subsidiary, Jinhui Shipping, which is involved in property holding and investment.
YTD Price Performance: 4.48%
Average Trading Volume: 40,400
Technical Sentiment Signal: Hold
Current Market Cap: HK$371.2M
For an in-depth examination of 0137 stock, go to TipRanks’ Overview page.