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Hope Life International Holdings Ltd. ( (HK:1683) ) just unveiled an announcement.
Hope Life International Holdings Ltd. has announced a series of discloseable transactions involving the acquisition of target assets and right-of-use assets through the issuance of consideration shares under a general mandate. The company is also placing new shares under the same mandate. The book value of the target assets, including production and ancillary assets and huangjiu base wine, is approximately HK$23 million. The independent valuer, with a decade of experience in the wine industry, has provided a detailed valuation of these assets, considering factors such as replacement costs and depreciation. This strategic move is expected to enhance the company’s asset base and strengthen its position in the wine industry.
More about Hope Life International Holdings Ltd.
Hope Life International Holdings Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is involved in the acquisition and management of assets, with a focus on the wine industry, including huangjiu base wine and related production and ancillary assets.
Average Trading Volume: 7,490,039
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.42B
See more data about 1683 stock on TipRanks’ Stock Analysis page.