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TK Group Terminates Land Acquisition Agreement in Vietnam

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TK Group Terminates Land Acquisition Agreement in Vietnam

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TK Group (Holdings) Ltd. ( (HK:2283) ) has provided an update.

TK Group (Holdings) Ltd. announced the termination of a letter of intent for acquiring land in Vietnam due to tariff issues affecting its business direction. The termination, which involves the return of a deposit, is considered a routine business decision with no significant impact on the company’s operations or financial standing.

The most recent analyst rating on (HK:2283) stock is a Buy with a HK$3.04 price target. To see the full list of analyst forecasts on TK Group (Holdings) Ltd. stock, see the HK:2283 Stock Forecast page.

More about TK Group (Holdings) Ltd.

TK Group (Holdings) Ltd. is a company incorporated in the Cayman Islands, operating in the precision technology industry through its subsidiaries. The company focuses on providing advanced technological solutions, with a market presence that extends to various countries worldwide.

Average Trading Volume: 1,248,093

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$2.08B

Find detailed analytics on 2283 stock on TipRanks’ Stock Analysis page.

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