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An update from Link-Asia International Medtech Group Ltd. ( (HK:1143) ) is now available.
Link-Asia International Medtech Group Ltd., a company incorporated in the Cayman Islands, has announced a significant acquisition. The company has entered into a Sale and Purchase Agreement to acquire the entire equity interest in a target company for HK$20,800,000, subject to adjustments. This acquisition, which will make the target company an indirect wholly-owned subsidiary, is classified as a discloseable and connected transaction under the Hong Kong Listing Rules. The transaction has been approved by the Board and deemed fair and reasonable by the independent non-executive Directors, thus exempting it from certain regulatory requirements.
The most recent analyst rating on (HK:1143) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Link-Asia International Medtech Group Ltd. stock, see the HK:1143 Stock Forecast page.
More about Link-Asia International Medtech Group Ltd.
Average Trading Volume: 1,737,993
Technical Sentiment Signal: Sell
Current Market Cap: HK$95.32M
For detailed information about 1143 stock, go to TipRanks’ Stock Analysis page.