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Lai Fung Holdings Continues Efforts to Restore Public Float

Story Highlights
  • Lai Fung Holdings is discussing a sell-down of shares to restore its public float.
  • The company will provide quarterly updates, advising caution due to potential trading suspension.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lai Fung Holdings Continues Efforts to Restore Public Float

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An update from Lai Fung Holdings ( (HK:1125) ) is now available.

Lai Fung Holdings Limited has announced ongoing discussions with its core connected persons regarding a potential sell-down of shares to restore the company’s public float. Despite the resumption of trading in November 2022, no binding agreements have been reached, and the company will continue to provide quarterly updates to keep shareholders informed. Stakeholders are advised to exercise caution as trading may be suspended if market conditions become disorderly.

The most recent analyst rating on (HK:1125) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Lai Fung Holdings stock, see the HK:1125 Stock Forecast page.

More about Lai Fung Holdings

Lai Fung Holdings Limited operates in the real estate industry, focusing on property development and investment. The company is engaged in the development, sale, and leasing of properties in Hong Kong and Mainland China.

Average Trading Volume: 32,089

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$297.9M

See more insights into 1125 stock on TipRanks’ Stock Analysis page.

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