Kai Yuan Holdings Limited (HK:1215) has released an update.
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Kai Yuan Holdings Limited has announced a major transaction involving a renovation agreement valued at approximately EUR11.28 million for a hotel project. This agreement, which requires shareholder approval, involves the company’s subsidiary partnering with a general contractor for the renovation work. Investors are advised to exercise caution as the completion of the project is contingent on certain conditions being fulfilled.
For further insights into HK:1215 stock, check out TipRanks’ Stock Analysis page.