Guoco Group Sets Annual Caps for Increased Project Service Fees
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Guoco Group's subsidiary, GPML, has entered into agreements with SPB and FWR for project management and services in residential projects. Due to increased sales and payments, Guoco Group has set annual caps for service fees to comply with Hong Kong's Listing Rules. The latest analyst rating for Guoco Group stock (HK:0053) is a Buy with a target price of HK$85.00.
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