Understanding the Market | GREENHEART GP resumes trading and soars 100%, sells New Zealand forestry assets, plans to distribute a special dividend of HKD 0.01 per share
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GREENHEART GP's stock resumed trading and surged 100%. As of the time of writing, it has risen 104.17%, trading at HKD 0.098, with a transaction volume of HKD 543,900. In terms of news, GREENHEART GP announced that it will sell New Zealand assets to an independent third party, Ingka Investments Forest Assets NZ Limited, including 78 plots of land in the Mangakahia Forest in Northland, 1 plot in the Gisborne region, and 1 plot in Northland, for approximately NZD 134 million (equivalent to about HKD 615.5 million). Upon completion, it plans to distribute a special dividend of HKD 0.01 per share to shareholders
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