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Yan Tat Group’s Subsidiary Enters Discloseable Construction Agreement

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Yan Tat Group’s Subsidiary Enters Discloseable Construction Agreement

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Yan Tat Group Holdings Limited ( (HK:1480) ) has shared an announcement.

Yan Tat Group Holdings Limited, through its non-wholly owned subsidiary DMI, has entered into a Supplementary Construction Agreement with a contractor for additional construction works and interior installation services. The agreement, valued at RM$917,529 (approximately HK$1,706,604), involves structural and ancillary installations for various facilities. This transaction, when combined with a previous agreement, qualifies as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, necessitating reporting and announcement due to the percentage ratios involved.

The most recent analyst rating on (HK:1480) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Yan Tat Group Holdings Limited stock, see the HK:1480 Stock Forecast page.

More about Yan Tat Group Holdings Limited

Average Trading Volume: 127,320

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$302.4M

Find detailed analytics on 1480 stock on TipRanks’ Stock Analysis page.

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