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Logan Group Renews 2025 Connected Transaction Agreements With Logan Foundation

Story Highlights
  • Logan Group renewed 2025 master agreements with Logan Foundation and Logan Property Management for project development, property services, leasing, and asset transfers.
  • These connected transactions, including Shenzhen Logan’s project development services in the PRC, fall under Hong Kong Listing Rules reporting and review but are exempt from independent shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Logan Group Renews 2025 Connected Transaction Agreements With Logan Foundation

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An announcement from Logan Property Holdings Co ( (HK:3380) ) is now available.

Logan Group Company Limited has renewed and expanded a series of continuing connected transaction arrangements for 2025 with related parties Logan Foundation and Logan Property Management, covering project development management, property management services, leasing, and asset transfers. The new 2025 master agreements, including the Master Project Development Management Agreement signed by wholly owned subsidiary Shenzhen Logan, formalize the provision of construction, design, and architectural services for Logan Foundation’s PRC projects and will be subject to Hong Kong Listing Rules requirements for reporting, annual review, and announcements, but are exempt from independent shareholders’ approval, underscoring ongoing intra-group cooperation while maintaining regulatory compliance for minority investors.

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 and manager with operations in the PRC, engaged in property development, construction, and related management services. The group leverages subsidiaries such as Shenzhen Logan to provide project development, property management, and leasing services to various entities within its ecosystem.

Average Trading Volume: 14,775,184

Technical Sentiment Signal: Hold

Current Market Cap: HK$10.29B

For detailed information about 3380 stock, go to TipRanks’ Stock Analysis page.

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