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DL Holdings Group Limited ( (HK:1709) ) just unveiled an announcement.
DL Holdings Group Limited, a company incorporated in the Cayman Islands, has announced a significant acquisition involving BM Machines. On October 17, 2025, the company entered into formal agreements to acquire 1,900 units of BM Machines 1 and 1,095 units of BM Machines 2, with a total consideration of approximately US$19.2 million. This acquisition is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, indicating a strategic move to enhance the company’s operational capacity.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
More about DL Holdings Group Limited
Average Trading Volume: 63,767,745
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.44B
Learn more about 1709 stock on TipRanks’ Stock Analysis page.