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Jiumaojiu International Holdings Ltd. ( (HK:9922) ) has issued an announcement.
Jiumaojiu International Holdings Limited has signed a non-legally binding term sheet to potentially increase its equity interest in an independent target company from around 10% to approximately 49% through a combined secondary share purchase and new share subscription totaling US$43 million. The possible investment, to be funded by internal resources and bank loans, is subject to the negotiation and signing of definitive agreements by March 31, 2026, and may constitute a notifiable transaction under Hong Kong listing rules, with the company cautioning that the deal may or may not proceed and advising shareholders and investors to exercise caution.
The most recent analyst rating on (HK:9922) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Jiumaojiu International Holdings Ltd. stock, see the HK:9922 Stock Forecast page.
More about Jiumaojiu International Holdings Ltd.
Jiumaojiu International Holdings Limited is a Hong Kong–listed company in the restaurant and food services sector, operating branded dining chains and related catering businesses with a focus on mass-market consumers in Mainland China and other key Asian markets.
Average Trading Volume: 5,673,708
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.5B
For detailed information about 9922 stock, go to TipRanks’ Stock Analysis page.