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An announcement from Shangri-La Asia ( (HK:0069) ) is now available.
Shangri-La Asia Limited has announced that its subsidiary, Shangri-La Hotels (Malaysia) Berhad, has released an announcement to Bursa Malaysia. This move is part of the regulatory requirements for companies listed on the Hong Kong Stock Exchange, reflecting Shangri-La’s compliance with international listing standards and its commitment to transparency. The announcement may impact the company’s operations and industry positioning by reinforcing its regulatory adherence and potentially influencing stakeholder perceptions.
The most recent analyst rating on (HK:0069) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Shangri-La Asia stock, see the HK:0069 Stock Forecast page.
More about Shangri-La Asia
Shangri-La Asia Limited is a company incorporated in Bermuda, primarily operating in the hospitality industry. The company is known for its luxury hotels and resorts, with a significant market focus in Asia. Shangri-La Hotels (Malaysia) Berhad, a subsidiary listed on Bursa Malaysia, is 52.78% owned by Shangri-La Asia Limited.
Average Trading Volume: 1,059,570
Technical Sentiment Signal: Sell
Current Market Cap: HK$16.22B
See more insights into 0069 stock on TipRanks’ Stock Analysis page.