The latest announcement is out from Keck Seng Investments (Hong Kong) ( (HK:0184) ).
Keck Seng Investments (Hong Kong) Limited has announced plans to seek shareholder approval for a Proposed Mandate to continue the renovation of a hotel located near Times Square in New York. The renovation aims to enhance the hotel’s facilities and generate additional revenue. The Proposed Mandate will allow the board to enter into further renovation contracts without requiring individual shareholder approvals, as a major transaction under Hong Kong’s Listing Rules. The company’s largest shareholders have already given written approval, negating the need for a general meeting.
More about Keck Seng Investments (Hong Kong)
Keck Seng Investments (Hong Kong) Limited is a company incorporated in Hong Kong, operating primarily in the hotel industry. The company is involved in the renovation and management of hotel properties, with a focus on upgrading facilities to enhance their market appeal and revenue generation potential.
YTD Price Performance: 24.23%
Average Trading Volume: 800
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $112M
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