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Domaine Power Holdings Limited ( (HK:0442) ) has shared an update.
Domaine Power Holdings Limited, through its subsidiary KTL, has decided to withdraw a life insurance policy with HSBC Life, with the net proceeds aimed at boosting working capital and developing gold jewellery products. This transaction, classified as discloseable under Hong Kong’s Listing Rules, highlights the company’s strategic move to reallocate resources for business growth, with the financial impact dependent on the final surrender value.
More about Domaine Power Holdings Limited
YTD Price Performance: -2.50%
Average Trading Volume: 31,666
Technical Sentiment Signal: Buy
Current Market Cap: HK$134.7M
Find detailed analytics on 0442 stock on TipRanks’ Stock Analysis page.