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Crown International Corporation Limited ( (HK:0727) ) just unveiled an announcement.
Crown International Corporation Limited has announced a discloseable transaction involving the acquisition of 100% equity interest in a target company for RMB30,000,000 (equivalent to HK$32,100,000). This acquisition is a strategic move by Crown International, executed through its indirect wholly-owned subsidiary, and is expected to enhance the company’s market position. The transaction, which does not require shareholder approval under the Listing Rules, will be completed with the issuance of a note to satisfy the purchase consideration.
More about Crown International Corporation Limited
YTD Price Performance: -33.64%
Average Trading Volume: 4,476,116
Technical Sentiment Signal: Buy
Current Market Cap: HK$438.8M
For a thorough assessment of 0727 stock, go to TipRanks’ Stock Analysis page.