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BetterLife Holding Limited ( (HK:6909) ) just unveiled an update.
BetterLife Holding Limited, through its subsidiary BetterLife Tianjin, has entered into a Property Lease Agreement with Tianjin Guomao for properties located in the Tianjin Pilot Free Trade Zone. This transaction is classified as a connected transaction under the Hong Kong Listing Rules due to the involvement of Mr. Chou, an executive director and controlling shareholder of BetterLife, who is associated with the landlord through a family trust. The agreement will result in the recognition of right-of-use assets on BetterLife’s financial statements, indicating an acquisition of assets that does not require independent shareholder approval.
The most recent analyst rating on (HK:6909) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on BetterLife Holding Limited stock, see the HK:6909 Stock Forecast page.
More about BetterLife Holding Limited
Average Trading Volume: 91,169
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$323.7M
For an in-depth examination of 6909 stock, go to TipRanks’ Overview page.