tiprankstipranks
Trending News
More News >

Wang On Group Announces Property Disposal in Kowloon

Story Highlights
Wang On Group Announces Property Disposal in Kowloon

Confident Investing Starts Here:

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

Wang On Group Limited, through its subsidiary WYT, has entered into a provisional agreement to sell a property located at 60A Yen Chow Street, Kowloon, Hong Kong. The property is being sold for HK$19.5 million to Blessed Fortune Limited, with Centaline Property Agency Limited acting as the property agent. This transaction is classified as a discloseable transaction under the Listing Rules, as the applicable percentage ratio exceeds 5% but is below 25%. The disposal aligns with current market prices and conditions, and the payment is structured in deposits and a final balance upon completion.

More about Wang On Group Limited

Technical Sentiment Signal: Strong Buy

Current Market Cap: €32.16M

For detailed information about 1222 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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