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An announcement from SCE Intelligent Commercial Management Holdings Limited ( (HK:0606) ) is now available.
SCE Intelligent Commercial Management Holdings Limited has announced a further change in the allocation and timing of the use of its remaining net proceeds from its 2021 Hong Kong listing. Of the approximately HK$2,037.5 million originally raised, about HK$1,482.3 million had been used by 30 November 2025, leaving HK$555.2 million unutilised. The board has resolved to reallocate this remaining amount—HK$447.7 million originally earmarked for investment in technology and HK$107.5 million originally intended for expanding value-added services—towards strategic acquisitions and investments in project companies and/or assets, and to extend the expected deadline for full utilisation of these funds to on or before 31 December 2027. This shift indicates a strategic pivot from internal technology and service expansion to external growth via project and asset investments, which could reshape the Group’s growth profile, capital deployment priorities and risk-return mix for shareholders and other stakeholders.
The most recent analyst rating on (HK:0606) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SCE Intelligent Commercial Management Holdings Limited stock, see the HK:0606 Stock Forecast page.
More about SCE Intelligent Commercial Management Holdings Limited
SCE Intelligent Commercial Management Holdings Limited is a Hong Kong-listed group incorporated in the Cayman Islands that operates in the property management and related value-added services sector. The Group focuses on managing commercial properties and expanding along the value chain through technology, strategic investments and acquisitions, and diversified service offerings.
Average Trading Volume: 258,270
Technical Sentiment Signal: Hold
Current Market Cap: HK$541.8M
For a thorough assessment of 0606 stock, go to TipRanks’ Stock Analysis page.