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Wang On Group Announces Property Disposal for HK$23.28 Million

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Wang On Group Announces Property Disposal for HK$23.28 Million

Elevate Your Investing Strategy:

Wang On Group Limited ( (HK:1222) ) has provided an update.

Wang On Group Limited, through its indirect wholly-owned subsidiary of WOP, has entered into a Provisional Agreement to sell a property located at the Iskra Building, Kowloon, for HK$23.28 million to SSP Lau Group Limited. This transaction, classified as a discloseable transaction under the Listing Rules, reflects strategic asset management and is expected to optimize the company’s property portfolio.

More about Wang On Group Limited

YTD Price Performance: 4.76%

Average Trading Volume: 4,626,147

Technical Sentiment Signal: Sell

Current Market Cap: HK$273.9M

See more insights into 1222 stock on TipRanks’ Stock Analysis page.

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