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Art Group Holdings Ltd. ( (HK:0565) ) has issued an update.
Art Group Holdings Ltd., through its wholly-owned subsidiary Golden Might Limited, is considering a potential acquisition of up to 100% equity interest in a target company. This move involves negotiations with vendors, including a connected person, and could result in a notifiable and connected transaction under the Listing Rules if it proceeds. The acquisition’s terms are still under negotiation, and shareholders are advised to exercise caution.
The most recent analyst rating on (HK:0565) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Art Group Holdings Ltd. stock, see the HK:0565 Stock Forecast page.
More about Art Group Holdings Ltd.
Average Trading Volume: 10,023,281
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.09B
For a thorough assessment of 0565 stock, go to TipRanks’ Stock Analysis page.