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Innovax Holdings Disposes Hope Life Shares for HK$7.85 Million

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Innovax Holdings Disposes Hope Life Shares for HK$7.85 Million

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Innovax Holdings Limited ( (HK:2680) ) just unveiled an update.

Innovax Holdings Limited has announced the disposal of 18,000,000 shares of Hope Life, a company engaged in construction and ancillary services, on the open market for approximately HK$7.85 million. This transaction allows Innovax to realize its investment and reallocate financial resources for other opportunities, resulting in a gain of approximately HK$4.88 million, which will be used as general working capital.

More about Innovax Holdings Limited

Average Trading Volume: 33,672

Technical Sentiment Signal: Buy

Current Market Cap: HK$120M

For detailed information about 2680 stock, go to TipRanks’ Stock Analysis page.

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