tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BitStrat Holdings Acquires Corporate Nominee Membership for Strategic Expansion

Story Highlights
BitStrat Holdings Acquires Corporate Nominee Membership for Strategic Expansion

TipRanks Cyber Monday Sale

UTS Marketing Solutions Holdings Ltd. ( (HK:6113) ) has issued an update.

BitStrat Holdings Limited, a company incorporated in the Cayman Islands, has announced a discloseable transaction involving the acquisition of a Corporate Nominee Membership for HK$14,200,000. This acquisition, which is subject to the approval of a non-profit golf club in Hong Kong, is expected to enhance the company’s strategic positioning by leveraging its internal resources for funding. The transaction does not require shareholder approval but must comply with reporting and announcement requirements under the Listing Rules.

The most recent analyst rating on (HK:6113) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on UTS Marketing Solutions Holdings Ltd. stock, see the HK:6113 Stock Forecast page.

More about UTS Marketing Solutions Holdings Ltd.

Average Trading Volume: 736,612

Technical Sentiment Signal: Sell

Current Market Cap: HK$916M

Learn more about 6113 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1