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Kingdom Holdings Acquires Heilongjiang Property

Kingdom Holdings Acquires Heilongjiang Property

Kingdom Holdings Limited (HK:0528) has released an update.

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Kingdom Holdings Limited has announced the acquisition of a property in Heilongjiang Province through its subsidiary Heilongjiang Kingdom Hemp, for RMB6,510,100. The property includes land and buildings with industrial usage rights until 2068. This transaction is categorized as a connected transaction due to shared ownership and company associations, but it falls below the threshold requiring shareholder approval.

For further insights into HK:0528 stock, check out TipRanks’ Stock Analysis page.

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