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Tianjin Port Development Holdings ( (HK:3382) ) has issued an update.
Tianjin Port Development Holdings announced a connected transaction involving the acquisition of an additional 5% equity interest in Euroasia International Co, increasing its stake from 70% to 75%. This strategic move, valued at approximately RMB95,403,000, aims to strengthen the company’s control over Euroasia International Co, enhancing its operational capabilities and market positioning. The acquisition is subject to certain conditions and regulatory requirements, and stakeholders are advised to exercise caution as the transaction may not proceed.
More about Tianjin Port Development Holdings
Tianjin Port Development Holdings operates in the port industry, focusing on port operations and related services. The company is involved in the management and development of port facilities, providing services that facilitate international trade and logistics.
Average Trading Volume: 2,836,207
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$4.43B
Find detailed analytics on 3382 stock on TipRanks’ Stock Analysis page.