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Leading Holdings Announces Land Disposal Transaction

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Leading Holdings Announces Land Disposal Transaction

Leading Holdings Group Limited ( (HK:6999) ) has issued an update.

Leading Holdings Group Limited has announced a discloseable transaction involving the sale of a piece of land. The transaction involves a Transfer Agreement where the Vendor will sell the land to the Purchaser for RMB95,297,162, following negotiations based on an independent valuation. To meet legal requirements, the Vendor will develop at least 25% of the land before transferring it, with costs advanced by the Purchaser. This strategic move may impact the company’s real estate operations and market presence.

More about Leading Holdings Group Limited

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €15.5M

See more insights into 6999 stock on TipRanks’ Stock Analysis page.

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