BC Technology Group Limited (HK:0863) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
BC Technology Group Limited’s subsidiary, OSL Group, has announced acquisitions of interests in target companies through two separate agreements valued at a total of approximately US$7 million. These transactions involve a mix of cash and consideration shares, with the target companies set to become wholly-owned subsidiaries, integrating their financial results into BC Technology’s statements. This strategic move, classified as a discloseable transaction under Hong Kong’s listing rules, enhances BC Technology’s market position.
For further insights into HK:0863 stock, check out TipRanks’ Stock Analysis page.