tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Transport International Renews Connected Property Management Deals for 2026–2028

Story Highlights
  • Transport International renewed exclusive leasing and management mandates for its office and retail development with Sun Hung Kai-linked entities for 2026-2028.
  • These related-party transactions remain subject to Hong Kong reporting and review requirements but are exempt from shareholder approval, supporting continuity in property operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Transport International Renews Connected Property Management Deals for 2026–2028

Claim 70% Off TipRanks Premium

Transport International Holdings Limited ( (HK:0062) ) has shared an announcement.

Transport International Holdings’ wholly owned subsidiary KTRE and Transport Realty Limited have renewed their collaboration with Sun Hung Kai Properties’ subsidiaries for the management of a key property development, covering office and retail units and associated facilities from 2026 to 2028. Under three new agreements, SHK Real Estate (Sales & Leasing) will remain the exclusive marketing, leasing agent and administrator for the office and retail premises and parking spaces, while Kai Shing Management Services will continue as property manager, with all arrangements classified as continuing connected transactions under Hong Kong listing rules, requiring disclosure and annual review but exempt from shareholder approval, thereby ensuring operational continuity in the group’s property portfolio while maintaining regulatory compliance on related-party dealings.

The most recent analyst rating on (HK:0062) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Transport International Holdings Limited stock, see the HK:0062 Stock Forecast page.

More about Transport International Holdings Limited

Transport International Holdings Limited is a Bermuda-incorporated company listed in Hong Kong, best known for its transport-related operations and associated property interests. Through subsidiaries such as KTRE, it participates in property development and investment projects, including office and retail premises with parking facilities in Hong Kong, leveraging partnerships with major local property groups.

Average Trading Volume: 155,288

Technical Sentiment Signal: Hold

Current Market Cap: HK$5.71B

For a thorough assessment of 0062 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