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Infinity Development Registers Offer Document for New Share Placement

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Infinity Development Registers Offer Document for New Share Placement

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Infinity Development Holdings Co. Ltd. ( (HK:0640) ) has shared an update.

Infinity Development Holdings Co. Ltd. announced the registration of its Offer Document with the Singapore Exchange Securities Trading Limited for the placement of 35.1 million new shares at S$0.39 each. This move aims to facilitate equal information dissemination to investors in Hong Kong and Singapore, although it does not serve as an inducement to purchase securities. The listing on the Catalist board may involve higher investment risks, and the company advises potential investors to carefully consider the risks and consult professional advisers.

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. is a company incorporated in the Cayman Islands, focusing on development projects. It is listed on the Hong Kong Stock Exchange and is involved in offering securities, with a market focus that includes listing on the Catalist board of the Singapore Exchange.

Average Trading Volume: 171,307

Technical Sentiment Signal: Buy

Current Market Cap: HK$704.2M

See more data about 0640 stock on TipRanks’ Stock Analysis page.

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