The latest announcement is out from Far East Consortium International ( (HK:0035) ).
Far East Consortium International Limited has announced a significant transaction involving the sale and purchase of shares in a hotel and a town hall property in the United Kingdom. The transaction, valued at approximately £47.2 million, is considered a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, indicating a strategic move to enhance the company’s asset portfolio in the UK market.
More about Far East Consortium International
Far East Consortium International Limited is a company incorporated in the Cayman Islands, primarily engaged in property development, hospitality, and car park operations. It focuses on expanding its real estate and hotel portfolio across various international markets.
Average Trading Volume: 470
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $318.6M
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