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APAC Resources ( (HK:1104) ) has issued an announcement.
APAC Resources Limited has announced its intention to change its domicile from Bermuda to Hong Kong, in line with the Companies (Amendment) (No. 2) Ordinance 2025. This strategic move includes adopting new Articles of Association compliant with Hong Kong laws, officially registering a Chinese name, and reallocating its contributed surplus to its profit and loss appropriation account. These changes are subject to shareholder approval at a forthcoming special general meeting, reflecting the company’s efforts to streamline operations and strengthen its market presence in Hong Kong.
The most recent analyst rating on (HK:1104) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on APAC Resources stock, see the HK:1104 Stock Forecast page.
More about APAC Resources
APAC Resources Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Hong Kong Stock Exchange, focusing on resource investment and commodity trading.
Average Trading Volume: 3,696,098
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.58B
For detailed information about 1104 stock, go to TipRanks’ Stock Analysis page.