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The latest update is out from Easyknit International Holdings Ltd ( (HK:1218) ).
Easyknit International Holdings Ltd has issued a supplemental announcement regarding a very substantial disposal, updating stakeholders on the purchase price and terms of a Sale and Purchase Agreement initially announced on October 10, 2025. The purchase price is approximately HK$287.1 million, with adjustments settled in cash. The maximum principal amount of the 2025 Convertible Note is HK$287,100,000, potentially resulting in the issuance of 1,698,816,568 Conversion Shares. The completion of this agreement is contingent upon several conditions, including shareholder approvals, and may not proceed, prompting caution among investors.
The most recent analyst rating on (HK:1218) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Easyknit International Holdings Ltd stock, see the HK:1218 Stock Forecast page.
More about Easyknit International Holdings Ltd
Easyknit International Holdings Ltd is a company incorporated in Bermuda with limited liability, and it is listed on the Hong Kong Stock Exchange under the stock code 1218. The company is involved in various business activities, although specific industry and market focus details are not provided in the announcement.
Average Trading Volume: 68,830
Technical Sentiment Signal: Buy
Current Market Cap: HK$223.4M
See more data about 1218 stock on TipRanks’ Stock Analysis page.