Suxin Joyful Life Services Bids for 51% Stake Purchase in City Services Provider

MT NewswiresJan 20 15:31

SUXIN SERVICES (02152.HK) plans to acquire a 51% stake in Jiangsu Lianyungang Port repair engineering.

On January 17, Gelonghui announced that SUXIN SERVICES (02152.HK) submitted a bid for the public tender to acquire equity sales (51% equity of the target company) through Jiangsu Lianyungang Port Trading Center on January 17, 2025. According to the regulations of Jiangsu Lianyungang Port Trading Center, the winning bidder must enter into an asset transaction agreement with the seller regarding the proposed acquisition. The reserve price for the equity sale is RMB 23,766,000. The target company is a limited liability company established in China, whose scope of operation includes construction, installation and maintenance of water and electricity pipelines, subcontracting construction labor, and landscaping engineering construction, primarily engaged in sanitation.

Gelonghui FinanceJan 17 18:32

SUXIN SERVICES (02152.HK): Chen Mingdong has been appointed as General Manager.

GLONGHUI January 9丨SUXIN SERVICES (02152.HK) announced that Chen Mingdong has been appointed as the company's general manager, taking over the general manager's duties from deputy general manager Zhou Jun, effective January 7, 2025.

Gelonghui FinanceJan 9 17:37

Institutions: Real estate sets tone for "stabilizing and bottoming out", with Guangzhou in first-tier cities possibly being the first to fully lift purchase restrictions.

Ke Rui believes that Guangzhou is the most likely first-tier city to completely lift the purchase restriction, followed by Shenzhen. It is unlikely that Beijing and Shanghai will completely lift the purchase restriction. In addition, first-tier cities' policies such as loan restrictions, sales restrictions, and standardization of ordinary housing are also expected to be optimized and adjusted.

Ke Rui Real Estate ResearchSep 26, 2024 18:47

SUXIN SERVICES: Interim Report 2024

HKEXSep 25, 2024 17:02 · Announcements

Market Chatter: Hong Kong Rental Property Prices Close to Record High in August

MT NewswiresSep 9, 2024 20:27