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Rykadan Capital to Hold EGM for Property Disposal Approval

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Rykadan Capital to Hold EGM for Property Disposal Approval

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The latest announcement is out from Rykadan Capital Ltd. ( (HK:2288) ).

Rykadan Capital Limited, a company incorporated in the Cayman Islands, has announced an extraordinary general meeting (EGM) to be held on April 17, 2025, in Hong Kong. The meeting will focus on approving two formal agreements related to the disposal of properties and parking spaces at Rykadan Capital Tower in Kowloon, Hong Kong. The agreements involve the sale of the 27th and 28th floors, along with associated parking spaces, to German Pool (Hong Kong) Limited. This move is part of the company’s strategic decisions to manage its property assets, potentially impacting its financial positioning and stakeholder interests.

More about Rykadan Capital Ltd.

YTD Price Performance: -11.76%

Average Trading Volume: 137,931

Technical Sentiment Signal: Buy

Current Market Cap: HK$56.32M

For a thorough assessment of 2288 stock, go to TipRanks’ Stock Analysis page.

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