tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Niraku GC Holdings Announces Trust Beneficial Interest Disposal

Story Highlights
Niraku GC Holdings Announces Trust Beneficial Interest Disposal

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Niraku GC Holdings, Inc. ( (HK:1245) ) has shared an announcement.

Niraku GC Holdings, Inc. has announced a discloseable transaction involving the disposal of its beneficial interest in a trust. The transaction, which involves a non-wholly-owned subsidiary of the company, entails the assignment of the Trust Beneficial Interest to an independent third party for JPY600.0 million. This disposal is subject to certain reporting requirements under the Listing Rules but does not require shareholder approval. The trust’s real estate includes land and a 10-storey ryokan inn in Japan, and the effective date of the assignment is set for 30 September 2025.

More about Niraku GC Holdings, Inc.

Average Trading Volume: 441,243

Technical Sentiment Signal: Hold

Current Market Cap: HK$239.2M

For an in-depth examination of 1245 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1