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Coastal Greenland Limited Announces Land Resumption Deal and Trading Resumption
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Coastal Greenland Limited Announces Land Resumption Deal and Trading Resumption

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Invest with Confidence:

The latest announcement is out from Coastal Greenland Limited ( (HK:1124) ).

Coastal Greenland Limited announced a very substantial disposal involving the surrender of land by its wholly-owned subsidiary, Dalian Jinrijunjian Paradise, to a local authority for cash compensation of RMB109 million. This agreement, deemed a very substantial disposal under Hong Kong’s listing rules, necessitates shareholder approval, with no material interests reported among shareholders. Trading in the company’s shares will resume following the announcement, having been halted since December 31, 2024.

More about Coastal Greenland Limited

YTD Price Performance: 0%

Average Trading Volume: 2,775

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €7.21M

For detailed information about 1124 stock, go to TipRanks’ Stock Analysis page.

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