Swang Chai Chuan Limited (HK:2321) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Swang Chai Chuan Limited has clarified details about its recent land acquisition in Malaysia, highlighting that the ultimate beneficial owner of the seller, Lestari Duta, is the publicly-listed Ideal Capital Berhad, which specializes in property development. Additionally, the announcement confirmed that all shareholders of Lestari Duta are independent third parties to the company.
For further insights into HK:2321 stock, check out TipRanks’ Stock Analysis page.