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The latest announcement is out from Alco Holdings ( (HK:0328) ).
Alco Holdings Limited has announced a revised timetable for its proposed capital reorganisation and rights issue, which involves offering four rights shares for every one adjusted share held. This strategic move is expected to impact the company’s share structure and trading arrangements, with key dates set for September 2025. The reorganisation aims to strengthen the company’s financial position and enhance shareholder value, although the changes remain subject to certain conditions.
The most recent analyst rating on (HK:0328) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Alco Holdings stock, see the HK:0328 Stock Forecast page.
More about Alco Holdings
Alco Holdings Limited, incorporated in Bermuda, operates in the electronics industry, focusing on the production and distribution of consumer electronics and related products. The company is listed on the Hong Kong Stock Exchange and is known for its market presence in the electronics sector.
Average Trading Volume: 1,649,574
Technical Sentiment Signal: Sell
Current Market Cap: HK$61.86M
Learn more about 0328 stock on TipRanks’ Stock Analysis page.