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Hao Tian International Construction Investment Group Limited ( (HK:1341) ) has shared an announcement.
Hao Tian International Construction Investment Group Limited announced a discloseable transaction involving the subscription of shares with PCL, valued at HK$400,000,000. This transaction will be settled by issuing Consideration Shares under the General Mandate. The Subscription Agreement outlines that Hao Tian will acquire approximately 42.5% of PCL’s existing shares, which will represent about 29.8% of PCL’s shares post-issuance. This strategic move is expected to enhance Hao Tian’s market positioning and influence within the industry.
The most recent analyst rating on (HK:1341) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hao Tian International Construction Investment Group Limited stock, see the HK:1341 Stock Forecast page.
More about Hao Tian International Construction Investment Group Limited
Hao Tian International Construction Investment Group Limited is a company incorporated in the Cayman Islands, focusing on construction investment. It operates within the construction industry and is listed on the Hong Kong Stock Exchange under the stock code 1341.
Average Trading Volume: 1,209,240,427
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.59B
Find detailed analytics on 1341 stock on TipRanks’ Stock Analysis page.