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The latest update is out from Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H ( (HK:1379) ).
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited, through its wholly-owned subsidiary Wenling Sunrise, has successfully acquired land use rights in Qianyangxia Village, Wenqiao Town, Wenling City, Zhejiang Province, China. The acquisition, valued at RMB52.06 million, is intended for the development of the Wenling City Shanhaitianqiao construction project. This major transaction, which exceeds 25% of the applicable percentage ratios, has been approved by a significant shareholder, eliminating the need for an extraordinary general meeting.
More about Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H
Average Trading Volume: 31,769
Technical Sentiment Signal: Buy
Current Market Cap: HK$176.8M
Learn more about 1379 stock on TipRanks’ Stock Analysis page.