Grand Ming Ends Prior Disposal Talks, Signs New Exclusivity Deal for HK Properties

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2026.01.06 04:37
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Grand Ming Group Holdings Ltd. has ended prior disposal talks after the exclusivity period expired on December 21, 2025, without a binding sale agreement. The company has signed a new exclusivity agreement with a different potential buyer for two properties in New Territories, totaling approximately 185,000 square feet. This agreement allows the buyer up to 120 days for due diligence and negotiations. The latest analyst rating for Grand Ming stock (HK:1271) is a Hold with a price target of HK$1.00.