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Kerry Logistics Network ( (HK:0636) ) has issued an announcement.
Kerry Logistics Network has announced a connected transaction involving the disposal of 100% equity interests in a target company, Shanghai Shunjia Chemical Co., Ltd., which is involved in chemical storage and transport. The valuation for this transaction was conducted by Acclime Consulting and is based on a profit forecast using an income approach. This transaction is significant as it involves a detailed valuation process and assumptions about the cost of equity, which could impact the company’s financial positioning and stakeholder interests.
The most recent analyst rating on (HK:0636) stock is a Hold with a HK$8.30 price target. To see the full list of analyst forecasts on Kerry Logistics Network stock, see the HK:0636 Stock Forecast page.
More about Kerry Logistics Network
Average Trading Volume: 1,735,139
Technical Sentiment Signal: Hold
Current Market Cap: HK$13.72B
See more data about 0636 stock on TipRanks’ Stock Analysis page.