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Macau Legend Development ( (HK:1680) ) just unveiled an update.
Macau Legend Development Limited has announced a series of strategic changes, including a proposed change of domicile from the Cayman Islands to Bermuda, adoption of new corporate governance documents, and a capital reorganization plan. These changes aim to streamline the company’s operations and financial structure, potentially enhancing its market position and operational efficiency, subject to shareholder approval at an upcoming extraordinary general meeting.
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, primarily involved in the entertainment and gaming industry. The company is listed on the Hong Kong Stock Exchange and focuses on providing gaming and hospitality services.
YTD Price Performance: -72.80%
Average Trading Volume: 244,192
Technical Sentiment Signal: Sell
Current Market Cap: HK$353.5M
For detailed information about 1680 stock, go to TipRanks’ Stock Analysis page.