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Xi’an Kingfar Property Services Renews and Expands Connected Transactions

Story Highlights
  • Xi’an Kingfar Property Services renews and expands its connected transactions with Kingfar Holdings.
  • The new agreements require independent shareholder approval due to their scale.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xi’an Kingfar Property Services Renews and Expands Connected Transactions

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Xian Kingfar Property Services Co., Ltd. ( (HK:1354) ) just unveiled an update.

Xi’an Kingfar Property Services Co., Ltd. has announced the renewal of its Continuing Connected Transactions and the introduction of new agreements with Kingfar Holdings. These agreements, set to replace the existing ones expiring at the end of 2025, are designed to meet the company’s ongoing business needs. The transactions are categorized into partially-exempt and non-exempt, with the latter requiring approval from independent shareholders due to their scale. The company assures that these agreements are conducted on fair terms and in the best interest of the shareholders.

The most recent analyst rating on (HK:1354) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Xian Kingfar Property Services Co., Ltd. stock, see the HK:1354 Stock Forecast page.

More about Xian Kingfar Property Services Co., Ltd.

Xi’an Kingfar Property Services Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in property services. It operates within the real estate industry, focusing on providing property management and related services.

Average Trading Volume: 22,282

Technical Sentiment Signal: Sell

Current Market Cap: HK$246.7M

For a thorough assessment of 1354 stock, go to TipRanks’ Stock Analysis page.

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