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An announcement from Miramar Hotel & Investment Co ( (HK:0071) ) is now available.
Miramar Hotel & Investment Company, Limited announced that during its Extraordinary General Meeting on March 31, 2025, the proposed ordinary resolution concerning the S&P Agreement with Solution Right Limited was not passed by the Independent Shareholders. As a result, the agreement will be terminated, and the deposit will be returned to the purchaser. This decision reflects the shareholders’ stance and impacts the company’s strategic acquisition plans, potentially affecting its future investment opportunities.
More about Miramar Hotel & Investment Co
Miramar Hotel & Investment Company, Limited is a Hong Kong-based company involved in the hospitality and investment sectors. The company primarily focuses on hotel operations and real estate investments, catering to a diverse market in Hong Kong.
YTD Price Performance: -28.85%
Average Trading Volume: 10,000
Technical Sentiment Signal: Buy
Current Market Cap: $790.6M
Find detailed analytics on 0071 stock on TipRanks’ Stock Analysis page.