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Morimatsu International Holdings Company Limited ( (HK:2155) ) has issued an announcement.
Morimatsu International Holdings Company Limited announced a connected transaction involving a lease agreement between its subsidiary, Morimatsu Heavy Industry, and Morimatsu Chemical. The agreement, effective from January 2026 to November 2027, involves leasing office premises in Shanghai, with the transaction recognized as an acquisition of assets valued at approximately RMB17.8 million. This move is subject to reporting and announcement requirements under the Hong Kong Listing Rules, but it is exempt from shareholder approval due to its size.
The most recent analyst rating on (HK:2155) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Morimatsu International Holdings Company Limited stock, see the HK:2155 Stock Forecast page.
More about Morimatsu International Holdings Company Limited
Morimatsu International Holdings Company Limited operates in the industrial sector, focusing on manufacturing and leasing services. Its primary products and services include heavy industry equipment and chemical solutions, with a market focus on industrial operations and infrastructure development.
Average Trading Volume: 4,747,620
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.6B
See more data about 2155 stock on TipRanks’ Stock Analysis page.