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An update from Graphex Group Limited ( (HK:6128) ) is now available.
Graphex Group Limited announced an Option Purchase Agreement involving the potential sale of its wholly-owned subsidiary. The agreement allows an independent third-party purchaser to acquire the option for $500,000, with the possibility of purchasing the subsidiary for $100 million. This transaction is classified as a very substantial disposal under Hong Kong’s Listing Rules, requiring shareholder approval. The company plans to hold an Extraordinary General Meeting (EGM) to seek approval for the transaction, with further details to be provided to shareholders by December 22, 2025.
The most recent analyst rating on (HK:6128) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Graphex Group Limited stock, see the HK:6128 Stock Forecast page.
More about Graphex Group Limited
Graphex Group Limited is a company incorporated in the Cayman Islands, operating in the financial sector. The company is involved in transactions related to securities and is listed on the Stock Exchange of Hong Kong.
Average Trading Volume: 4,988,954
Technical Sentiment Signal: Buy
Current Market Cap: HK$320M
Find detailed analytics on 6128 stock on TipRanks’ Stock Analysis page.