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An announcement from Innovax Holdings Limited ( (HK:2680) ) is now available.
Innovax Holdings Limited has issued a supplemental announcement regarding a positive profit alert for the six months ending August 31, 2025. The company anticipates recording a profit and total comprehensive income, but acknowledges that the announcement does not meet the standards required by Rule 10 of the Takeovers Code. This alert was issued to comply with timely disclosure requirements, although it was not vetted by the Executive as required. Innovax Holdings plans to address these compliance issues in future announcements. Stakeholders are advised to exercise caution when considering the profit alert in relation to the potential unconditional mandatory cash offer by AFG Securities Limited on behalf of Mr. Wang Tingfa.
The most recent analyst rating on (HK:2680) stock is a Hold with a HK$6.00 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
Average Trading Volume: 205,055
Technical Sentiment Signal: Buy
Current Market Cap: HK$480M
Find detailed analytics on 2680 stock on TipRanks’ Stock Analysis page.