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An update from Asia Orient Holdings ( (HK:0214) ) is now available.
Asia Orient Holdings Limited announced the disposal of GD-HKGBA Securities on the open market, generating approximately US$1.82 million. This transaction is part of the company’s regular investment activities, allowing it to reallocate resources for future opportunities. The disposal is expected to result in a profit before tax of approximately HK$4.54 million, which will be used as general working capital or for reinvestment. The transaction is considered fair and beneficial for the company’s shareholders.
More about Asia Orient Holdings
Asia Orient Holdings Limited is a Bermuda-incorporated company listed on the Main Board, primarily engaged in property management, development and investment, hotel operations, and securities investments. The company operates through its indirect subsidiary, which is involved in securities investments.
Average Trading Volume: 39,655
Current Market Cap: HK$273.3M
For detailed information about 0214 stock, go to TipRanks’ Stock Analysis page.