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Logan Property Holdings Co ( (HK:3380) ) has issued an announcement.
Logan Group Company Limited has issued a supplemental announcement clarifying how service fees will be determined under its 2025 Master Project Development Management Agreement, which governs continuing connected transactions with Logan Foundation and its subsidiaries. The company outlines that fees for construction and design services will be benchmarked against prevailing market prices through monthly price research on government‑guided raw material costs, comparison with quotations given to independent third‑party clients, and regular internal reviews by its cost management and project design departments to ensure terms are no less favorable than those offered to independent customers, aiming to demonstrate that the transactions are fair, reasonable and in the interests of shareholders as a whole.
The most recent analyst rating on (HK:3380) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Logan Property Holdings Co stock, see the HK:3380 Stock Forecast page.
More about Logan Property Holdings Co
Logan Group Company Limited is a Hong Kong‑listed property developer, primarily engaged in real estate development and related project management services in mainland China. The group provides construction, design and architectural services across various provinces, focusing on large-scale residential and mixed‑use projects.
Average Trading Volume: 14,831,148
Technical Sentiment Signal: Hold
Current Market Cap: HK$10.06B
For a thorough assessment of 3380 stock, go to TipRanks’ Stock Analysis page.