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Daido Group Limited ( (HK:0544) ) just unveiled an update.
Daido Group Limited announced the withdrawal of its proposal to refresh the general mandate for issuing and allotting up to 20% of its total issued shares, as the existing mandate has not been utilized. The company emphasized its commitment to complying with the Listing Rules for any future proposals, ensuring transparency and adherence to regulatory standards.
The most recent analyst rating on (HK:0544) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Daido Group Limited stock, see the HK:0544 Stock Forecast page.
More about Daido Group Limited
Daido Group Limited is a company incorporated in Bermuda, listed on the Hong Kong Stock Exchange. It operates within an industry that requires adherence to the Listing Rules, focusing on the issuance and allotment of shares.
Average Trading Volume: 217,008
Technical Sentiment Signal: Buy
Current Market Cap: HK$69.63M
See more insights into 0544 stock on TipRanks’ Stock Analysis page.