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Human Health Holdings Ltd. ( (HK:1419) ) has shared an announcement.
Human Health Holdings Ltd., a company incorporated in the Cayman Islands, has announced a significant transaction involving the acquisition of 75% of the issued share capital of a target company operating dental clinics in Hong Kong. The consideration for this acquisition was determined through arm’s length negotiations and based on a valuation report by Graval Consulting Limited. The acquisition is expected to enhance the company’s market presence in the dental services industry. Additionally, a profit guarantee has been established by the vendor and Dr. Cheung, ensuring that the target company will achieve a minimum annual profit after tax of HK$7,400,000 for each financial year, with Dr. Cheung taking on management roles post-acquisition.
More about Human Health Holdings Ltd.
YTD Price Performance: -3.85%
Average Trading Volume: 116,863
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$284.7M
Learn more about 1419 stock on TipRanks’ Stock Analysis page.