tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Telecom Digital Holdings Terminates Tenancy Agreement with TPI

Story Highlights
Telecom Digital Holdings Terminates Tenancy Agreement with TPI

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Telecom Digital Holdings Ltd ( (HK:6033) ) is now available.

Telecom Digital Holdings Limited has announced the execution of a Surrender Agreement with TPI, a wholly-owned subsidiary of East-Asia Group, to terminate a tenancy agreement for a property in Tsuen Wan, New Territories. This move is part of the company’s ongoing connected transactions with East-Asia Group, which is indirectly controlled by the Cheung Brothers. The termination of the tenancy agreement will release all parties from liabilities and obligations related to the property, and the company is subject to certain reporting requirements under the Listing Rules.

The most recent analyst rating on (HK:6033) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Telecom Digital Holdings Ltd stock, see the HK:6033 Stock Forecast page.

More about Telecom Digital Holdings Ltd

Telecom Digital Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the telecommunications industry. The company is listed on the Hong Kong Stock Exchange and engages in various transactions related to property leasing and management.

Average Trading Volume: 177,566

Technical Sentiment Signal: Hold

Current Market Cap: HK$294.7M

For detailed information about 6033 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1