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An announcement from Yuexiu Transport Infrastructure ( (HK:1052) ) is now available.
Yuexiu Transport Infrastructure Limited announced the execution of the Proposed Overhaul Agreement with Poly Changda Engineering for the Suiyuenan Expressway Overhaul Project Phase 5. This transaction is considered a connected transaction under the Listing Rules but is exempt from certain requirements, and the Board believes it is fair, reasonable, and beneficial for the company and its shareholders.
The most recent analyst rating on (HK:1052) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Yuexiu Transport Infrastructure stock, see the HK:1052 Stock Forecast page.
More about Yuexiu Transport Infrastructure
Yuexiu Transport Infrastructure Limited is a company incorporated in Bermuda, focusing on transport infrastructure projects. It primarily engages in the development, operation, and management of expressways and other related infrastructure projects.
Average Trading Volume: 2,542,970
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$6.36B
Learn more about 1052 stock on TipRanks’ Stock Analysis page.