ITC Properties Group Limited (HK:0199) has released an update.
ITC Properties Group Limited has announced a major transaction involving the sale of a 10% stake in several partnerships, including Development LP and Investment LP, as well as a 10% shareholding in Assets Builder. This move, effective from October 31, 2024, allows ITC to retain an 18% interest in these ventures while securing over HK$30 million in considerations, reflecting a strategic adjustment in its investment portfolio.
For further insights into HK:0199 stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
