Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
G-Resources Group ( (HK:1051) ) just unveiled an update.
G-Resources Group Limited, a company incorporated in Bermuda, announced that its indirect wholly-owned subsidiary has subscribed to Class A US$ Shares in the Capula Multi Strategy Fund Limited for US$20 million. This transaction, which constitutes a discloseable transaction under Chapter 14 of the Listing Rules, reflects the company’s strategic move to diversify its investment portfolio. The fund aims to generate attractive long-term risk-adjusted returns through a global multi-strategy investment approach. This strategic investment is expected to enhance G-Resources Group’s financial positioning by leveraging the fund’s flexible investment strategies and potential for high returns.
More about G-Resources Group
YTD Price Performance: 92.05%
Average Trading Volume: 600
Technical Sentiment Signal: Hold
Current Market Cap: $337.6M
See more data about 1051 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue