tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Macau Legend Development Plans Domicile Change and Capital Restructuring

Story Highlights
Macau Legend Development Plans Domicile Change and Capital Restructuring

TipRanks Cyber Monday Sale

An update from Macau Legend Development ( (HK:1680) ) is now available.

Macau Legend Development Limited has announced an extraordinary general meeting to discuss and approve several key resolutions, including changing its domicile from the Cayman Islands to Bermuda. This strategic move aims to enhance corporate governance and operational flexibility. Additionally, the company plans to reduce its share capital, which could potentially impact shareholder value and market perception.

The most recent analyst rating on (HK:1680) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Macau Legend Development stock, see the HK:1680 Stock Forecast page.

More about Macau Legend Development

Macau Legend Development Limited is a company incorporated in the Cayman Islands, operating within the entertainment and leisure industry. The company is primarily focused on developing and managing casino and hotel facilities, with a significant market presence in Macau.

YTD Price Performance: -74.36%

Average Trading Volume: 238,122

Technical Sentiment Signal: Sell

Current Market Cap: HK$307M

Find detailed analytics on 1680 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1