Avjennings Limited ( (AU:AVJ) ) has shared an update.
AVJennings Limited has entered into confidentiality and exclusivity agreements with Ho Bee Land Limited regarding a proposal for Ho Bee Land to acquire shares of AVJennings that it does not already own. The agreement allows for due diligence access and positions Ho Bee Land as a potential acquirer, although there is no guarantee of a binding offer. AVJennings has also made provisions to continue discussions with AVID until the end of January 2025. The company will keep the market informed as developments occur.
More about Avjennings Limited
AVJennings Limited is a company in the real estate industry, primarily focusing on residential property development and associated services. Listed on the Australian Securities Exchange, the company is involved in constructing and managing housing projects, catering to diverse market needs.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €96.74M
For detailed information about AVJ stock, go to TipRanks’ Stock Analysis page.