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An announcement from Orient Overseas (International) ( (HK:0316) ) is now available.
Orient Overseas (International) Limited announced the approval of a resolution at its Special General Meeting held on May 27, 2025, regarding the construction of fourteen new vessels. The resolution was overwhelmingly supported by independent shareholders, with 99.999996% voting in favor. This development is expected to enhance the company’s operational capacity and strengthen its position in the global shipping industry.
The most recent analyst rating on (HK:0316) stock is a Buy with a HK$175.00 price target. To see the full list of analyst forecasts on Orient Overseas (International) stock, see the HK:0316 Stock Forecast page.
More about Orient Overseas (International)
Orient Overseas (International) Limited is a company incorporated in Bermuda with limited liability, primarily involved in the shipping industry. It focuses on the construction and operation of vessels, playing a significant role in international maritime logistics.
Average Trading Volume: 1,738,017
Technical Sentiment Signal: Buy
Current Market Cap: HK$96.88B
For a thorough assessment of 0316 stock, go to TipRanks’ Stock Analysis page.