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China Water Industry Group Limited ( (HK:1129) ) has provided an announcement.
China Water Industry Group Limited has announced its entry into two non-legally binding Memoranda of Understanding for potential acquisitions. These involve acquiring the entire limited partnership interest in a Target Limited Partnership and a 1% equity interest in a Target Company. If these acquisitions proceed, they may constitute a notifiable transaction under the Listing Rules, impacting the company’s market positioning and operations. The company will conduct due diligence and negotiate terms, but the acquisitions are not guaranteed to proceed.
The most recent analyst rating on (HK:1129) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Water Industry Group Limited stock, see the HK:1129 Stock Forecast page.
More about China Water Industry Group Limited
Average Trading Volume: 2,019,069
Technical Sentiment Signal: Buy
Current Market Cap: HK$619.6M
See more data about 1129 stock on TipRanks’ Stock Analysis page.