Heng Tai Consumables to Acquire Target Company in HK$972,000 Discloseable Deal

Heng Tai Consumables Group ( (HK:0197) ) has issued an announcement.

Heng Tai Consumables Group Limited has agreed, via its wholly owned subsidiary Shining Impact Limited, to acquire the entire issued share capital of an unnamed target company from independent vendor Ms. Tong Kim Ngan for HK$972,000. The consideration, set with reference to the target’s audited net assets of about HK$972,000 as of 31 March 2025 and its recent financial performance, will be paid in full on completion and constitutes a discloseable transaction under Hong Kong Listing Rules, triggering reporting and announcement requirements; completion remains conditional on satisfaction or waiver of agreed conditions, and the company has cautioned shareholders and potential investors that the deal may or may not proceed.

The most recent analyst rating on (HK:0197) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Heng Tai Consumables Group stock, see the HK:0197 Stock Forecast page.

More about Heng Tai Consumables Group

Heng Tai Consumables Group Limited, incorporated in the Cayman Islands and listed in Hong Kong (stock code: 00197), operates through wholly owned subsidiaries and is engaged in consumables-related businesses, leveraging corporate acquisitions to expand its portfolio and market presence.

Average Trading Volume: 1,574,670

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$51.88M

For an in-depth examination of 0197 stock, go to TipRanks’ Overview page.