tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Wuhan Youji Holdings Updates on Malaysian Land Acquisition

Story Highlights

Claim 70% Off TipRanks Premium

The latest announcement is out from Wuhan Youji Holdings Ltd. ( (HK:2881) ).

Wuhan Youji Holdings Ltd. has announced a supplemental update on its acquisition of land in Malaysia. The purchase price of RM36,465,905.71 was determined through arm’s length negotiations and based on a valuation report by PPC International Sdn Bhd. The valuation used the comparison method, considering factors such as location, market conditions, and land characteristics. The acquisition is expected to align with the company’s strategic goals and reflects a fair market value, potentially impacting its operations and market positioning positively.

The most recent analyst rating on (HK:2881) stock is a Hold with a HK$5.50 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: 27,551

Technical Sentiment Signal: Sell

For a thorough assessment of 2881 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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