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Langham Hospitality Investments ( (HK:1270) ) just unveiled an announcement.
Langham Hospitality Investments announced the completion of payment for outstanding hotel management and license fees for the six-month period ending December 31, 2024. The Stock Exchange granted approval for listing and dealing in Deferred SSUs, with 46,320,885 new SSUs issued to Great Eagle’s Qualifying Shareholders. This issuance ensures the company maintains a sufficient public float, holding approximately 25.18% of the issued SSUs by the public.
The most recent analyst rating on (HK:1270) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Langham Hospitality Investments stock, see the HK:1270 Stock Forecast page.
More about Langham Hospitality Investments
Langham Hospitality Investments operates in the hospitality industry, focusing on hotel management and investment. It is constituted under a deed of trust in Hong Kong and incorporated in the Cayman Islands, with its primary market focus on managing and investing in hospitality assets.
Average Trading Volume: 620,145
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.72B
For detailed information about 1270 stock, go to TipRanks’ Stock Analysis page.