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Infinity Development Holdings Co. Ltd. ( (HK:0640) ) has provided an update.
Infinity Development Holdings Company Limited successfully completed a placement of 35,100,000 new shares at S$0.39 each, raising S$13,689,000. The shares were fully subscribed, with a diverse range of investors participating. The company will commence trading on the Catalist of the Singapore Exchange on December 3, 2025. This move is expected to enhance the company’s market presence and provide additional capital for growth, benefiting stakeholders and strengthening its industry position.
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 Company Limited operates in the financial sector, focusing on investment and asset management services. The company is incorporated in the Cayman Islands and is listed on both the Hong Kong and Singapore stock exchanges.
Average Trading Volume: 136,000
Technical Sentiment Signal: Buy
Current Market Cap: HK$740.8M
For an in-depth examination of 0640 stock, go to TipRanks’ Overview page.