Landsea Green Properties Co., Ltd. (HK:0106) has released an update.
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Landsea Green Properties Co., Ltd. has announced a proposal to sell up to 3,264,785 shares, roughly 9% of Landsea Homes Corporation’s outstanding shares. The potential sale is subject to market conditions and may take place through various methods, including open market transactions on NASDAQ and private placements, with a minimum selling price set at US$9.35 per share. Investors are cautioned to be prudent when trading shares due to the uncertainty surrounding the completion of the deal.
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