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Wharf REIC Clarifies Director’s Role Amid External Company Winding-Up

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Wharf REIC Clarifies Director’s Role Amid External Company Winding-Up

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Wharf Real Estate Investment Co ( (HK:1997) ) has provided an update.

Wharf Real Estate Investment Company Limited announced an update regarding Hon. Andrew Kwan Yuen Leung, an independent non-executive director, following the winding-up order of China South City Holdings Limited, where Mr. Leung also serves as an INED. The board clarified that this development does not impact Wharf REIC’s operations or Mr. Leung’s role within the company, ensuring stakeholders of the company’s stable position.

The most recent analyst rating on (HK:1997) stock is a Hold with a HK$23.00 price target. To see the full list of analyst forecasts on Wharf Real Estate Investment Co stock, see the HK:1997 Stock Forecast page.

More about Wharf Real Estate Investment Co

Wharf Real Estate Investment Company Limited operates in the real estate industry, focusing on investment and management of properties. The company is known for its portfolio of prime real estate assets, primarily located in Hong Kong, and aims to deliver sustainable returns to its stakeholders.

Average Trading Volume: 4,506,148

Technical Sentiment Signal: Buy

Current Market Cap: HK$69.83B

Learn more about 1997 stock on TipRanks’ Stock Analysis page.

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