Landsea Green Properties Co., Ltd. (HK:0106) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Landsea Green Management Limited has completed the sale of 378,260 shares, resulting in proceeds of approximately $3.88 million, which will be used to repay loans. Despite this cash influx, the company anticipates a loss of around $2.9 million from the transaction. This disposal reduces their holding in LSEA Stock to about 16.9%.
For further insights into HK:0106 stock, check out TipRanks’ Stock Analysis page.