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Wuhan Youji Holdings Ltd. Acquires Land in Malaysia

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Wuhan Youji Holdings Ltd. ( (HK:2881) ) has shared an update.

Wuhan Youji Holdings Ltd., incorporated in the Cayman Islands, has announced a discloseable transaction involving its wholly-owned subsidiary acquiring a 60-year leasehold land in Malaysia’s Tanjung Langsat Industrial Complex. The purchase price for the land, which spans approximately 12.854 acres, is RM36,465,905.71, equivalent to RMB61,549,987.70. This acquisition is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, requiring reporting and announcement but not shareholder approval.

The most recent analyst rating on (HK:2881) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Wuhan Youji Holdings Ltd. stock, see the HK:2881 Stock Forecast page.

More about Wuhan Youji Holdings Ltd.

Average Trading Volume: 22,552

Technical Sentiment Signal: Sell

For detailed information about 2881 stock, go to TipRanks’ Stock Analysis page.

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