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An update from Lai Fung Holdings ( (HK:1125) ) is now available.
Lai Fung Holdings Limited has announced ongoing discussions regarding the potential sell-down of shares by its core connected persons to restore the public float of the company. Despite the lack of legally binding agreements, the company continues its normal operations and plans to provide quarterly updates on the progress of the public float restoration, advising caution to shareholders and potential investors due to potential trading suspensions.
More about Lai Fung Holdings
Lai Fung Holdings Limited operates in the real estate industry, focusing on property development and investment. The company is involved in the development of commercial, residential, and hospitality properties, primarily in Mainland China and Hong Kong.
Average Trading Volume: 21,407
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$374.1M
For a thorough assessment of 1125 stock, go to TipRanks’ Stock Analysis page.
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