Daido Group Enters Lease Agreement with Union Ocean
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Daido Group Limited (HK:0544) has announced a two-year lease agreement with Union Ocean through its subsidiary DSL. This transaction is classified as a discloseable transaction under the Listing Rules, necessitating recognition of right-of-use assets in financial statements. The latest analyst rating for HK:0544 is a Hold with a price target of HK$2.00. Daido Group's current market cap is HK$68.23M, with an average trading volume of 215,426.
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