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Skyfame Realty (Holdings) Ltd ( (HK:0059) ) just unveiled an update.
Skyfame Realty (Holdings) Ltd announced a discloseable transaction involving the disposal of properties, following the execution of a Sale and Purchase Agreement. Despite internal approval procedures being followed, the agreement was executed under pressure from stakeholders, leading to a delay in the announcement due to notification oversights. The company is implementing remedial measures to enhance corporate governance and ensure timely notifications in the future.
More about Skyfame Realty (Holdings) Ltd
Skyfame Realty (Holdings) Ltd is a company incorporated in Bermuda with limited liability, operating in the real estate industry. The company is involved in property development and management, focusing on the acquisition, development, and sale of real estate properties.
Technical Sentiment Signal: Sell
Current Market Cap: HK$84.46M
For an in-depth examination of 0059 stock, go to TipRanks’ Overview page.