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An announcement from Golden Ponder Holdings Limited ( (HK:1783) ) is now available.
Golden Ponder Holdings Limited, through its subsidiary Envision Greenwise Holdings Limited, is involved in a share transaction to acquire 100% equity interest in a target company. This acquisition, valued at HK$35,000,000, will be settled by issuing new shares under a general mandate. The transaction is subject to certain conditions and compliance with Hong Kong’s Listing Rules, indicating a strategic move to expand its market presence.
More about Golden Ponder Holdings Limited
YTD Price Performance: -10.0%
Average Trading Volume: 2,789,990
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$9.2B
For an in-depth examination of 1783 stock, go to TipRanks’ Stock Analysis page.