TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Eminence Enterprise Limited ( (HK:0616) ) has shared an update.
Eminence Enterprise Limited has announced a very substantial acquisition involving the purchase of the entire issued share capital of Mark Profit, a subsidiary of Easyknit. This acquisition includes significant property assets and equity securities, with the purchase price expected to be approximately HK$268.4 million, settled through the issuance of a convertible note. The transaction is classified as a connected transaction and requires approval under the Listing Rules due to the substantial percentage ratios involved.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
More about Eminence Enterprise Limited
Average Trading Volume: 17,906,266
Technical Sentiment Signal: Hold
Current Market Cap: HK$223.2M
Find detailed analytics on 0616 stock on TipRanks’ Stock Analysis page.