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BC Technology Group Limited ( (HK:0863) ) has issued an announcement.
BC Technology Group Limited, through its subsidiary OSL Group Limited, is involved in a significant acquisition, purchasing 90% of the issued shares of a target company. The acquisition’s valuation, approximately US$15.17 million, was determined using the discounted cash flow method, reflecting the future earnings potential of the target group, which is in the early stages of development. This method considers factors such as the expansion of the crypto market in Indonesia, growth in registered users, and the target group’s marketing strategies and management expertise.
More about BC Technology Group Limited
Average Trading Volume: 2,115,494
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.84B
For an in-depth examination of 0863 stock, go to TipRanks’ Overview page.