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The latest announcement is out from Miramar Hotel & Investment Co ( (HK:0071) ).
Miramar Hotel & Investment Co., Limited announced a new lease agreement for Shop 407A at Mira Place 1, with Shahdan as the landlord and HPAL, a subsidiary of Henderson Land, as the tenant. This transaction is classified as a continuing connected transaction under Chapter 14A of the Listing Rules, subject to reporting and annual review requirements due to its percentage ratios. The lease is set for a fixed term of one year starting December 2025, with an option for a further year, impacting the company’s operational dynamics and stakeholder interests.
The most recent analyst rating on (HK:0071) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Miramar Hotel & Investment Co stock, see the HK:0071 Stock Forecast page.
More about Miramar Hotel & Investment Co
Miramar Hotel & Investment Co., Limited, incorporated in Hong Kong, operates in the hospitality and real estate sectors. The company focuses on hotel management and property investment, catering primarily to the Hong Kong market.
Average Trading Volume: 71,565
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.01B
See more insights into 0071 stock on TipRanks’ Stock Analysis page.