Onewo, Inc. Class H (HK:2602) has released an update.
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Onewo, Inc. has announced an equity transfer agreement for acquiring a 50% stake in Wuhan Xintang, highlighting a 12.19% appreciation in the value of its investment properties. The valuation, conducted using the income approach, indicates promising future earnings from Wuhan Xintang Vanke Plaza’s rental income, reinforcing its strategic investment in commercial retail properties. This move reflects Onewo’s commitment to capitalizing on lucrative opportunities within the real estate sector.
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