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Fire Rock Holdings Ltd ( (HK:1909) ) just unveiled an update.
Fire Rock Holdings Limited has announced plans to expand its operations into Indonesia, marking it as the third Southeast Asian market following Singapore and Thailand. The company aims to establish a research and development team and publish games in Indonesia, with an investment of approximately HK$60 million over the next three years. This strategic move is expected to enhance the company’s presence in the region and generate income by mid-2026, leveraging its previous successes in other Southeast Asian markets.
More about Fire Rock Holdings Ltd
Fire Rock Holdings Limited, through its subsidiaries, operates in the gaming industry, focusing on the development and publication of games. The company is actively expanding its market presence in Southeast Asia, with a particular emphasis on internet-based projects that complement its gaming business.
Average Trading Volume: 64,121
Technical Sentiment Signal: Sell
Current Market Cap: HK$349.4M
Learn more about 1909 stock on TipRanks’ Stock Analysis page.