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Infinity Development Holdings Co. Ltd. ( (HK:0640) ) has provided an announcement.
Infinity Development Holdings Co. Ltd., incorporated in the Cayman Islands, announced a supplemental update regarding the placement of new shares under a general mandate for its Singapore listing. The company has set the placing price at SGD 0.39 per share, which reflects an approximate 11.22% discount to the closing price on the Hong Kong Exchange. The placement and listing are subject to market conditions and other factors outside the company’s control.
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.
Average Trading Volume: 171,307
Technical Sentiment Signal: Buy
Current Market Cap: HK$704.2M
See more insights into 0640 stock on TipRanks’ Stock Analysis page.