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Biolidics Ltd. ( (SG:8YY) ) has issued an announcement.
Embracing Future Holdings Limited announced the successful achievement of the NPAT target by its subsidiary, Shenzhen Xiaozhao Network Technology Co., Ltd., for the earn-out period ending October 2025. The company exceeded its target by 154.7%, resulting in the release of 135,600,000 Earn-Out Consideration Shares to the vendor’s nominees, highlighting a significant milestone in its acquisition strategy.
The most recent analyst rating on (SG:8YY) stock is a Hold with a S$0.03 price target. To see the full list of analyst forecasts on Biolidics Ltd. stock, see the SG:8YY Stock Forecast page.
More about Biolidics Ltd.
Embracing Future Holdings Limited, formerly known as Biolidics Limited, is a company incorporated in Singapore. It operates in the technology sector and has a focus on network technology solutions, as evidenced by its acquisition of Shenzhen Xiaozhao Network Technology Co., Ltd.
Average Trading Volume: 2,675,899
Technical Sentiment Signal: Buy
Current Market Cap: S$53.74M
See more insights into 8YY stock on TipRanks’ Stock Analysis page.