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Beauty Farm Medical & Health Industry Inc. Announces Acquisition Plans

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Beauty Farm Medical & Health Industry Inc. Announces Acquisition Plans

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Beauty Farm Medical & Health Industry, Inc. ( (HK:2373) ) has issued an update.

Beauty Farm Medical & Health Industry Inc. has announced an extraordinary general meeting to approve a share purchase agreement for acquiring 100% of Shanghai Siyanli Industrial Co., Ltd. The transaction involves issuing 15,798,147 shares at HK$28.71 each to the vendors, pending approval from the Hong Kong Stock Exchange, which could enhance the company’s market position and expand its operational capabilities.

The most recent analyst rating on (HK:2373) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on Beauty Farm Medical & Health Industry, Inc. stock, see the HK:2373 Stock Forecast page.

More about Beauty Farm Medical & Health Industry, Inc.

Beauty Farm Medical & Health Industry Inc. operates in the medical and health industry, focusing on providing healthcare services and products. The company is incorporated in the Cayman Islands and has a significant presence in Shanghai, China.

Average Trading Volume: 538,980

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.7B

Learn more about 2373 stock on TipRanks’ Stock Analysis page.

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