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BOCOM International Acquires FABUH Notes in Strategic Investment Move

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BOCOM International Acquires FABUH Notes in Strategic Investment Move

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BOCOM International Holdings Co. Ltd. ( (HK:3329) ) has shared an update.

BOCOM International Holdings Co. Ltd. announced the acquisition of US$6,000,000 in FABUH Notes II, issued by First Abu Dhabi Bank, using internal resources. This acquisition, along with a previous purchase of FABUH Notes I, is part of a series of transactions that are considered discloseable under Hong Kong’s Listing Rules. The acquisitions reflect the company’s strategic investment activities and may impact its financial positioning and stakeholder interests.

More about BOCOM International Holdings Co. Ltd.

BOCOM International Holdings Co. Ltd. is primarily engaged in investment holding, with its group operations focusing on securities brokerage, margin financing, corporate finance and underwriting, investment and loans, and asset management and advisory services. The company operates through its licensed subsidiaries in dealing with securities and futures, advising on securities and futures contracts, providing securities margin financing, advising on corporate finance, and offering asset management services.

YTD Price Performance: -19.05%

Average Trading Volume: 729,036

Technical Sentiment Signal: Sell

Current Market Cap: HK$697.3M

For detailed information about 3329 stock, go to TipRanks’ Stock Analysis page.

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