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Niraku GC Holdings Announces Acquisition in Japan

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Niraku GC Holdings Announces Acquisition in Japan

Elevate Your Investing Strategy:

The latest announcement is out from Niraku GC Holdings, Inc. ( (HK:1245) ).

Niraku GC Holdings, Inc. has announced a discloseable transaction involving the acquisition of land and a building in Shizukuishi-cho, Iwate-gun, Japan. The transaction, valued at JPY358.4 million (approximately HK$19.0 million), involves a non-wholly-owned subsidiary of the company purchasing a 10-storey ryokan inn and surrounding land. This acquisition is subject to certain reporting requirements but does not require shareholder approval. The deal is contingent upon a court order permitting the sale, with completion expected by the end of April 2025.

More about Niraku GC Holdings, Inc.

YTD Price Performance: -23.18%

Average Trading Volume: 122,666

Technical Sentiment Signal: Buy

Current Market Cap: HK$202.1M

See more insights into 1245 stock on TipRanks’ Stock Analysis page.

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