Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Lai Sun Development Co ( (HK:0488) ) just unveiled an announcement.
Lai Sun Development Company Limited announced that shareholders at its 31 December 2025 general meeting approved all resolutions put forward, following a poll in which all eligible shares were entitled to vote and no shareholders were required to abstain. The key business decision endorsed was the sale and purchase agreement relating to a disposal transaction, which received 99.98% of votes cast in favour, effectively greenlighting the disposal and authorising the board to implement the deal and related matters, thereby confirming strong shareholder support for the company’s strategic transaction and governance processes.
The most recent analyst rating on (HK:0488) stock is a Hold with a HK$0.60 price target. To see the full list of analyst forecasts on Lai Sun Development Co stock, see the HK:0488 Stock Forecast page.
More about Lai Sun Development Co
Average Trading Volume: 89,855
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$872M
Find detailed analytics on 0488 stock on TipRanks’ Stock Analysis page.