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Wharf (Holdings) ( (HK:0004) ) has issued an update.
Wharf and WREIC have entered into a New Master Hotel Services Agreement to regulate continuing connected transactions for hotel-related services provided by Wharf to WREIC. This agreement, effective from January 1, 2026, to December 31, 2028, outlines the terms for services such as management, marketing, and financial services for WREIC’s hotel properties. The agreement is subject to certain regulatory requirements but is exempt from the need for independent shareholders’ approval, indicating a streamlined process for these transactions.
The most recent analyst rating on (HK:0004) stock is a Hold with a HK$26.00 price target. To see the full list of analyst forecasts on Wharf (Holdings) stock, see the HK:0004 Stock Forecast page.
More about Wharf (Holdings)
Wharf Group provides hotel-related services and acts as a manager for a portfolio of hotels, including properties owned by WREIC Group. WREIC Group owns various hotel properties and projects in Hong Kong and the Chinese Mainland.
Average Trading Volume: 1,264,449
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$71.45B
For a thorough assessment of 0004 stock, go to TipRanks’ Stock Analysis page.