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Courage Investment Group Limited ( (HK:1145) ) has issued an announcement.
Courage Investment Group Limited has issued a supplemental announcement following a positive profit alert for the financial year ending December 2024, anticipating a profit of at least US$1.6 million compared to a loss in the previous year. However, the company acknowledges a procedural oversight in not fully complying with the Takeovers Code concerning the profit alert. Despite the positive financial turnaround, the Independent Financial Adviser remains cautious due to potential declines in freight rates, but still recommends shareholders accept the offer terms.
More about Courage Investment Group Limited
Courage Investment Group Limited is a company incorporated in Bermuda, with stock listings in Hong Kong and Singapore. The company operates in the investment sector, focusing on various subsidiaries and financial ventures.
YTD Price Performance: -20.0%
Average Trading Volume: 33,206
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$24.64M
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