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An announcement from Kingkey Financial International (Holdings) Ltd. ( (HK:1468) ) is now available.
Jakota Capital (Holding) Group announced the disposal of the entire issued share capital of Trade Region Limited, which includes writing off an inter-company loan of approximately HK$308.8 million. This decision was influenced by the ongoing financial struggles of the Target Group, exacerbated by the Danish government’s ban on the fur trade. The company anticipates recognizing a disposal gain and considers the write-off and disposal terms fair and in its best interest.
The most recent analyst rating on (HK:1468) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kingkey Financial International (Holdings) Ltd. stock, see the HK:1468 Stock Forecast page.
More about Kingkey Financial International (Holdings) Ltd.
Jakota Capital (Holding) Group, formerly known as Kingkey Financial International (Holdings) Limited, operates in the financial industry with a focus on investment and capital management. The company has been involved in supporting operations such as mink farming through financial backing.
Average Trading Volume: 7,297,355
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$243.2M
For detailed information about 1468 stock, go to TipRanks’ Stock Analysis page.