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    823   HK0823032773

THE LINK REAL ESTATE INVESTMENT TRUST

(823)
  Report
Delayed Hong Kong Stock Exchange  -  04:08 2022-10-05 am EDT
56.00 HKD   +2.28%
09/07Link Real Estate Investment Trust : Rolls Out Food Waste Recycling Pilot Scheme at Fu Tung Market
PU
08/31Link Real Estate Investment Trust : Wins Anderson Road First Commercial Site
PU
08/15Link Real Estate Investment Trust : Temple Mall Presents “Moonlight NEONade” for Mid-Autumn Festival
PU
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Link Real Estate Investment Trust announces an Equity Buyback for 211,019,385 shares, representing 10% of its issued share capital, under the authorization approved on July 20, 2022.

07/21/2022 | 06:32am EDT

Link Real Estate Investment Trust (SEHK:823) commences share repurchases on July 21, 2022, under the program mandated by the shareholders in the Annual General Meeting held on July 20, 2022. As per the mandate, the company is authorized to repurchase up to 211,019,385 units, representing 10% of its issued share capital. The purpose for the buyback is to enhance the net asset value per share and/or earnings per share.

The repurchases will be made out of the funds legally available for such purpose in accordance with trust deed and applicable laws of, and regulations in Hong Kong. The shares repurchased will be cancelled. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is carried out to the full extent, unless varied or revoked in a General Meeting.

As of June 10, 2022, the company had 2,110,193,850 shares in issue.


© S&P Capital IQ 2022
All news about THE LINK REAL ESTATE INVESTMENT TRUST
09/07Link Real Estate Investment Trust : Rolls Out Food Waste Recycling Pilot Scheme at Fu Tung..
PU
08/31Link Real Estate Investment Trust : Wins Anderson Road First Commercial Site
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08/15Link Real Estate Investment Trust : Temple Mall Presents “Moonlight NEONade” f..
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07/21Link Real Estate Investment Trust announces an Equity Buyback for 211,019,385 shares, r..
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More news
Analyst Recommendations on THE LINK REAL ESTATE INVESTMENT TRUST
More recommendations
Financials
Sales 2023 12 395 M 1 579 M 1 579 M
Net income 2023 6 770 M 863 M 863 M
Net Debt 2023 53 075 M 6 761 M 6 761 M
P/E ratio 2023 17,6x
Yield 2023 5,67%
Capitalization 118 B 15 039 M 15 039 M
EV / Sales 2023 13,8x
EV / Sales 2024 13,2x
Nbr of Employees 1 200
Free-Float 99,9%
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Technical analysis trends THE LINK REAL ESTATE INVESTMENT TRUST
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 56,00 HKD
Average target price 82,09 HKD
Spread / Average Target 46,6%
EPS Revisions
Managers and Directors
Kwok Lung Hongchoy Chief Executive Officer & Executive Director
Man Keung Ng Director-Finance
Kok Siong Ng Chief Financial Officer & Executive Director
Nicholas Charles Allen Chairman
Max Wong Director-Operation & Projects
Sector and Competitors