tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Courage Investment Group Acquires Mining Trucks in $5 Million Deal

Story Highlights
Courage Investment Group Acquires Mining Trucks in $5 Million Deal

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Courage Investment Group Limited ( (HK:1145) ) has provided an announcement.

Courage Investment Group Limited has announced a discloseable transaction involving the acquisition of mining trucks for a total consideration of US$5,000,000. This transaction, which exceeds 5% of the applicable Percentage Ratios under the Listing Rules, is subject to reporting and announcement requirements but does not require shareholders’ approval. The acquisition is contingent upon certain conditions being met, and the company advises caution to shareholders and potential investors regarding the completion of the transaction.

More about Courage Investment Group Limited

Courage Investment Group Limited is a company incorporated in Bermuda with limited liability, listed on both the Hong Kong and Singapore stock exchanges. The company is involved in investment activities, with a focus on sectors such as mining, as indicated by its recent acquisition of mining trucks.

YTD Price Performance: 64.15%

Average Trading Volume: 444,300

Technical Sentiment Signal: Buy

Current Market Cap: HK$191M

For detailed information about 1145 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