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AOM International Eyes Acquisition to Boost Digital Capabilities

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AOM International Eyes Acquisition to Boost Digital Capabilities

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Kiu Hung International Holdings Limited ( (HK:0381) ) has issued an update.

AOM International Group Company Limited has announced a Memorandum of Understanding (MOU) for a potential acquisition of a 51% interest in Hainan Miaolian Technology Co., Ltd., a provider of enterprise digital solutions. This move could enhance AOM’s market position by integrating the Target Company’s expertise in digital transformation, potentially improving operational efficiency and innovation capabilities. The MOU outlines an exclusivity period for due diligence and negotiation, with the final terms to be determined in a definitive agreement.

The most recent analyst rating on (HK:0381) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Kiu Hung International Holdings Limited stock, see the HK:0381 Stock Forecast page.

More about Kiu Hung International Holdings Limited

Average Trading Volume: 1,654,736

Technical Sentiment Signal: Sell

Current Market Cap: HK$331.5M

For an in-depth examination of 0381 stock, go to TipRanks’ Overview page.

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