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Dingyi Group Investment Limited ( (HK:0508) ) has issued an update.
Dingyi Group Investment Limited announced a supplemental agreement to its acquisition of the entire equity interest in Savor Dining. The revised terms state that the additional consideration will be payable only if the Savor Group’s net profits exceed RMB4.8 million for the two years ending March 2027. This adjustment addresses a previous anomaly in the calculation formula and aims to ensure fair valuation based on a price-to-earnings ratio benchmarked against comparable companies in the catering industry.
More about Dingyi Group Investment Limited
Dingyi Group Investment Limited is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company is involved in various investment activities, focusing on acquiring and managing equity interests in diverse sectors.
Average Trading Volume: 210,742
Technical Sentiment Signal: Hold
Current Market Cap: HK$340.3M
For an in-depth examination of 0508 stock, go to TipRanks’ Overview page.