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The latest announcement is out from Tianjin Port Development Holdings ( (HK:3382) ).
Tianjin Port Development Holdings, through its subsidiary CNAF Terminal Co, has entered into an Assets Transfer Agreement with Beijing-Tianjin-Hebei Logistics. The agreement involves the transfer of certain assets for RMB 161,624,200, which were acquired by Beijing-Tianjin-Hebei Logistics through a public listing process. This transaction is classified as a discloseable transaction under the Listing Rules, requiring specific reporting and announcement obligations. The transfer price was determined after an initial lack of bids led to a downward adjustment from the appraised value, and it will be paid as a one-time payment by the transferee.
More about Tianjin Port Development Holdings
YTD Price Performance: 7.02%
Average Trading Volume: 2,057,999
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3.93B
For detailed information about 3382 stock, go to TipRanks’ Stock Analysis page.