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Yan Tat Group Holdings Limited ( (HK:1480) ) has shared an announcement.
Yan Tat Group Holdings Limited, through its subsidiary Yan Tat Technology, has entered into a major transaction involving the acquisition of a property in Malaysia. This acquisition, valued at RM43,750,000 (approximately HK$76,562,500), is classified as a major transaction under the Listing Rules and has received approval from the controlling shareholder, eliminating the need for a general meeting. The property includes industrial land and multiple factory units, which are expected to enhance Yan Tat’s operational capacity.
More about Yan Tat Group Holdings Limited
YTD Price Performance: 8.82%
Average Trading Volume: 88,552
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$266.4M
Learn more about 1480 stock on TipRanks’ Stock Analysis page.