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An announcement from Infinity Development Holdings Co. Ltd. ( (HK:0640) ) is now available.
Infinity Development Holdings Co. Ltd. has announced an extraordinary general meeting to discuss key resolutions, including a share consolidation and a proposed listing on the Catalist Board of the Singapore Exchange. The share consolidation involves converting every two shares into one, potentially impacting shareholder value and market perception. The Singapore listing aims to broaden the company’s market presence and enhance its capital-raising capabilities, which could significantly influence its strategic positioning and stakeholder interests.
The most recent analyst rating on (HK:0640) stock is a Buy with a HK$1.00 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. is a company incorporated in the Cayman Islands with limited liability, and it is listed on the Hong Kong Stock Exchange. The company is involved in various development projects, although specific industry details and primary products or services are not provided in the release.
Average Trading Volume: 580,562
Technical Sentiment Signal: Buy
Current Market Cap: HK$704.2M
Find detailed analytics on 0640 stock on TipRanks’ Stock Analysis page.