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Infinity Development Announces New Share Placement on SGX

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Infinity Development Announces New Share Placement on SGX

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The latest announcement is out from Infinity Development Holdings Co. Ltd. ( (HK:0640) ).

Infinity Development Holdings Co. Ltd. has announced a placement of 35.1 million new shares at S$0.39 each, aiming to raise approximately S$13.7 million in gross proceeds. The shares are expected to be listed on the Catalist Board of the Singapore Exchange on December 3, 2025, enhancing the company’s market presence and providing new opportunities for investors.

The most recent analyst rating on (HK:0640) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Infinity Development Holdings Co. Ltd. stock, see the HK:0640 Stock Forecast page.

More about Infinity Development Holdings Co. Ltd.

Infinity Development Holdings Co. Ltd., incorporated in the Cayman Islands, operates within the financial sector, focusing on securities and investment services. The company is listed on the Hong Kong Stock Exchange and is expanding its market presence by listing on the Singapore Exchange’s Catalist Board.

Average Trading Volume: 171,307

Technical Sentiment Signal: Buy

Current Market Cap: HK$704.2M

Find detailed analytics on 0640 stock on TipRanks’ Stock Analysis page.

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