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Innovax Holdings Announces EGM to Approve Strategic Disposal

Story Highlights
  • Innovax Holdings Limited is focused on financial services and is listed on the Hong Kong Stock Exchange.
  • The company plans to sell Innovax Credit and Management Limited for HK$58.2 million, impacting its operations and market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Innovax Holdings Announces EGM to Approve Strategic Disposal

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Innovax Holdings Limited ( (HK:2680) ) has provided an announcement.

Innovax Holdings Limited has announced an extraordinary general meeting to be held on December 5, 2025, to discuss the approval of a Disposal Agreement. This agreement involves the sale of the entire issued share capital of Innovax Credit Limited and Innovax Management Limited to Maine Sky Limited for HK$58.2 million. This strategic move could impact Innovax’s operational focus and financial structure, potentially affecting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:2680) stock is a Hold with a HK$12.50 price target. To see the full list of analyst forecasts on Innovax Holdings Limited stock, see the HK:2680 Stock Forecast page.

More about Innovax Holdings Limited

Innovax Holdings Limited is a company incorporated in the Cayman Islands, operating with a focus on financial services. It is listed on the Hong Kong Stock Exchange under the stock code 2680.

Average Trading Volume: 321,244

Technical Sentiment Signal: Buy

Current Market Cap: HK$750M

See more insights into 2680 stock on TipRanks’ Stock Analysis page.

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