tiprankstipranks
Trending News
More News >

China Beidahuang Completes 51% Acquisition of Target Company

Story Highlights
China Beidahuang Completes 51% Acquisition of Target Company

Don’t Miss TipRanks’ Half-Year Sale

China Beidahuang Industry Group Holdings Ltd. ( (HK:0039) ) has provided an announcement.

China Beidahuang Industry Group Holdings Ltd. has announced the completion of a supplemental agreement to acquire a 51% equity interest in a target company and its subsidiaries, including Hunan Dong Ting Fu Wei Food Co., Ltd. and Yueyang Kang Yao Agricultural Byproducts Co., Ltd. This acquisition, which was negotiated amicably, aims to expand the company’s market reach and operational capabilities. The transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring specific reporting and announcement obligations.

More about China Beidahuang Industry Group Holdings Ltd.

YTD Price Performance: 105.00%

Average Trading Volume: 7,327,193

Technical Sentiment Signal: Sell

Current Market Cap: HK$948.2M

For an in-depth examination of 0039 stock, go to 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