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The latest announcement is out from Macau Legend Development ( (HK:1680) ).
Macau Legend Development Limited has announced a public tender for the potential disposal of a property held by its indirectly owned company, Zhuhai Lai Ieng. The property, located in the Hengqin Guangdong-Macao Deep Cooperation Zone, includes 971 real estate properties and will be sold ‘as is.’ The tender process will run from September 1 to October 30, 2025, with no initial tender price set, and the final consideration will depend on the highest bid. This potential disposal could constitute a notifiable transaction under the Hong Kong Listing Rules, and stakeholders are advised to exercise caution as the transaction may or may not proceed.
More about Macau Legend Development
Macau Legend Development Limited is a company incorporated in the Cayman Islands, operating in the real estate and entertainment sectors. It is involved in the development and management of properties, including commercial spaces and entertainment facilities, with a focus on the Macau region.
YTD Price Performance: -56.22%
Average Trading Volume: 228,361
Technical Sentiment Signal: Sell
Current Market Cap: HK$390.7M
For a thorough assessment of 1680 stock, go to TipRanks’ Stock Analysis page.