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Tianjin Port Development Expands with Alliance International Acquisition

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Tianjin Port Development Expands with Alliance International Acquisition

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Tianjin Port Development Holdings ( (HK:3382) ) has issued an announcement.

Tianjin Port Development Holdings Limited has announced a supplemental disclosure regarding its acquisition of a 40% equity interest in Alliance International Co. The announcement provides detailed information about the asset appraisal process, including the scope of appraisal, which covers both current and fixed assets, as well as land use rights. The appraisal was conducted by Tianjin Zhonglian Asset Appraisal Co., Ltd., and included on-site inspections and verifications to ensure the accuracy of asset valuations. This acquisition is expected to enhance the company’s operational capabilities and strengthen its market position.

The most recent analyst rating on (HK:3382) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Tianjin Port Development Holdings stock, see the HK:3382 Stock Forecast page.

More about Tianjin Port Development Holdings

Tianjin Port Development Holdings Limited operates in the logistics and port services industry, focusing on the development and management of port facilities and related services. The company is primarily involved in port operations, logistics, and related activities, with a significant market presence in the Tianjin region of China.

Average Trading Volume: 2,684,146

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$4.36B

See more insights into 3382 stock on TipRanks’ Stock Analysis page.

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