tiprankstipranks
Trending News
More News >

Alltronics Extends Timeline for Vietnam Factory Acquisition

Story Highlights
Alltronics Extends Timeline for Vietnam Factory Acquisition

Confident Investing Starts Here:

Alltronics Holdings ( (HK:0833) ) just unveiled an announcement.

Alltronics Holdings Limited announced an extension of the proposed completion timeline for acquiring a 51% interest in a factory in Vietnam. This decision involves an amended refundable deposit agreement, extending the refund period of a $2 million deposit by six months. The acquisition’s completion remains uncertain, urging stakeholders to exercise caution.

More about Alltronics Holdings

Alltronics Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the electronics industry. The company focuses on manufacturing and distributing electronic products and components, with a market focus that includes potential expansions in regions like Vietnam.

YTD Price Performance: 4.55%

Average Trading Volume: 107,030

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$217.6M

For detailed information about 0833 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1