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Landsea Green Properties Announces Potential Major Share Disposal

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Landsea Green Properties Announces Potential Major Share Disposal

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Landsea Green Properties Co., Ltd. ( (HK:0106) ) has issued an update.

Landsea Green Properties Co., Ltd. has announced a potential major transaction involving the disposal of up to 16.9% of its shares in Landsea Homes Corporation. This move, subject to shareholder approval, could impact the company’s financial strategy and market positioning, as it seeks to capitalize on favorable market conditions. The disposal will be conducted through various sales methods, including open market transactions on NASDAQ and private agreements, with a minimum selling price set at US$5 per share.

More about Landsea Green Properties Co., Ltd.

Landsea Green Properties Co., Ltd. operates in the real estate industry, focusing on property development and management. The company is involved in the construction and sale of residential properties, with a market focus on sustainable and green building practices.

YTD Price Performance: 2.50%

Average Trading Volume: 865

Technical Sentiment Signal: Sell

Current Market Cap: €5.43M

For detailed information about 0106 stock, go to TipRanks’ Stock Analysis page.

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