Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from APAC Resources ( (HK:1104) ) is now available.
APAC Resources Limited has announced its intention to change its domicile from Bermuda to Hong Kong by obtaining relevant regulatory approvals and re-registering as a public company under Hong Kong’s Companies Ordinance. This move also includes adopting a new set of company articles, a Chinese company name, and transferring its contributed surplus account to the profit and loss account. The redomiciliation reflects the company’s efforts to align its operational base with Hong Kong’s regulatory framework, which may enhance its regional business positioning and streamline compliance.
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 with limited liability, primarily involved in the natural resources and resource-related investment industry. The firm operates with a focus on leveraging strategic investments and partnerships across the Asia-Pacific region.
Average Trading Volume: 3,850,673
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.95B
See more insights into 1104 stock on TipRanks’ Stock Analysis page.