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The latest announcement is out from Infinity Logistics and Transport Ventures Limited ( (HK:1442) ).
Infinity Logistics and Transport Ventures Limited announced the acquisition of a 20% equity interest in a target company, making it a wholly-owned subsidiary. This transaction, valued at EUR4,300,000, is considered a discloseable and connected transaction under the Hong Kong Listing Rules, enhancing Infinity’s operational control and market positioning.
More about Infinity Logistics and Transport Ventures Limited
Infinity Logistics and Transport Ventures Limited operates in the logistics and transport industry, providing comprehensive logistics solutions and transport services. The company focuses on enhancing its market position through strategic acquisitions and expanding its operational capabilities.
YTD Price Performance: 13.33%
Average Trading Volume: 941,206
Technical Sentiment Signal: Buy
Current Market Cap: HK$701.8M
See more insights into 1442 stock on TipRanks’ Stock Analysis page.