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Century Sage Scientific Holdings Ltd ( (HK:1450) ) has shared an update.
Be Friends Holding Limited has announced a transaction involving the acquisition of the entire equity interests in a target company. The valuation of the target company was conducted using the discounted cash flow (DCF) method, which was deemed more appropriate than asset-based or market approaches due to the target’s growth stage and profitability. This acquisition is expected to enhance Be Friends Holding Limited’s market positioning in the education services sector, as the target company has demonstrated sustained profitability and aligns with the company’s strategic growth plans.
The most recent analyst rating on (HK:1450) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Century Sage Scientific Holdings Ltd stock, see the HK:1450 Stock Forecast page.
More about Century Sage Scientific Holdings Ltd
Average Trading Volume: 1,521,459
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.48B
Find detailed analytics on 1450 stock on TipRanks’ Stock Analysis page.