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An update from Vietnam Manufacturing & Export Processing (Holdings) Ltd. ( (HK:0422) ) is now available.
Vietnam Manufacturing and Export Processing (Holdings) Limited announced a major transaction involving the transfer of land use rights for two parcels of land in Bien Hoa City, Dong Nai Province, Vietnam, to Ho Nai. The transaction, valued at approximately HK$113.7 million, is classified as a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval, which has been obtained from the controlling shareholder, SYI, negating the need for a general meeting.
The most recent analyst rating on (HK:0422) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Vietnam Manufacturing & Export Processing (Holdings) Ltd. stock, see the HK:0422 Stock Forecast page.
More about Vietnam Manufacturing & Export Processing (Holdings) Ltd.
Vietnam Manufacturing and Export Processing (Holdings) Limited is involved in manufacturing and export processing, focusing on industrial park use land in Vietnam.
Average Trading Volume: 175,384
Technical Sentiment Signal: Sell
Current Market Cap: HK$272.3M
See more data about 0422 stock on TipRanks’ Stock Analysis page.