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An update from Poly Property Services Co., Ltd. Class H ( (HK:6049) ) is now available.
Poly Property Services Co., Ltd. announced that it did not meet the unlocking conditions for the third tranche of its Initial Grant under the Restricted Share Incentive Scheme due to unmet performance assessment indicators in 2024. Consequently, 1,604,732 shares, representing approximately 0.29% of the company’s total share capital, will not be unlocked and will be repurchased by the Trustee at the Grant Price. This decision, confirmed by the audit committee and independent non-executive directors, will not materially impact the company’s financial position or operating results.
The most recent analyst rating on (HK:6049) stock is a Hold with a HK$37.00 price target. To see the full list of analyst forecasts on Poly Property Services Co., Ltd. Class H stock, see the HK:6049 Stock Forecast page.
More about Poly Property Services Co., Ltd. Class H
Poly Property Services Co., Ltd. operates in the real estate industry, focusing on property management services. The company is incorporated in the People’s Republic of China and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,059,038
Technical Sentiment Signal: Buy
Current Market Cap: HK$18.76B
See more data about 6049 stock on TipRanks’ Stock Analysis page.