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An announcement from Litu Holdings Limited ( (HK:1008) ) is now available.
Litu Holdings Limited has announced a significant acquisition involving a property transaction in Hong Kong. The company, through its wholly-owned subsidiary, has entered into a Provisional Sale and Purchase Agreement to acquire a factory unit in Kwai Bo Industrial Building for HK$21,500,000. This acquisition is classified as a discloseable transaction under the Hong Kong Listing Rules, indicating its importance to the company’s strategic operations. The purchase is expected to be completed by 23 September 2025, with the consideration funded through the company’s internal resources.
More about Litu Holdings Limited
Average Trading Volume: 772,767
Technical Sentiment Signal: Buy
Current Market Cap: HK$392M
Learn more about 1008 stock on TipRanks’ Stock Analysis page.