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A-Living Smart City Services Co., Ltd. Class H ( (HK:3319) ) has shared an announcement.
A-Living Smart City Services Co., Ltd. has entered into a Framework Agreement with Agile Holdings to acquire 100% equity interest in Tengchong Agile Hotel Company Limited for RMB53,068,105.85. This acquisition, funded by internal resources, will make the target company a subsidiary of A-Living, consolidating its financial information into the group’s statements. The acquisition is expected to strengthen A-Living’s position in the hotel development and management sector, potentially impacting its market strategy and stakeholder interests.
The most recent analyst rating on (HK:3319) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on A-Living Smart City Services Co., Ltd. Class H stock, see the HK:3319 Stock Forecast page.
More about A-Living Smart City Services Co., Ltd. Class H
A-Living Smart City Services Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on smart city services. The company is involved in various urban management and development services, aiming to enhance city living through innovative solutions.
YTD Price Performance: 0.46%
Average Trading Volume: 12,639,764
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$4.02B
Find detailed analytics on 3319 stock on TipRanks’ Stock Analysis page.