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International Business Settlement Holdings Limited ( (HK:0147) ) has shared an update.
International Business Settlement Holdings Limited has announced a transaction involving the acquisition of 100% equity interests in a target company for RMB5 million. This acquisition is classified as a discloseable transaction under the Hong Kong Listing Rules, requiring notification and announcement due to its size. The consideration for the acquisition was calculated after a loan waiver, and the company’s directors consider the terms fair and beneficial for the group and its shareholders.
More about International Business Settlement Holdings Limited
YTD Price Performance: -10.0%
Average Trading Volume: 657,500
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$1.65B
For an in-depth examination of 0147 stock, go to TipRanks’ Stock Analysis page.