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Man Wah Holdings ( (HK:1999) ) has shared an update.
Man Wah Holdings Limited has announced that its subsidiary, Remacro Technology Co., Ltd. (RMT), has submitted an application for a separate quotation on the National Equities Exchange and Quotations (NEEQ). This move is expected to benefit the company by allowing RMT to remain a subsidiary, enhancing strategic execution, raising market profiles, and establishing separate fund-raising platforms for both entities. The NEEQ Quotation is pending approval and aims to support the growth and expansion of their respective businesses.
The most recent analyst rating on (HK:1999) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on Man Wah Holdings stock, see the HK:1999 Stock Forecast page.
More about Man Wah Holdings
Man Wah Holdings Limited is primarily involved in the manufacture and trading of sofas, ancillary products, chairs, and other related products. Its subsidiary, Remacro Technology Co., Ltd. (RMT), specializes in designing, manufacturing, and selling high-quality multifunctional smart furniture components such as recliner mechanisms, smart iron frames, motors, and other furniture hardware.
Average Trading Volume: 5,990,672
Technical Sentiment Signal: Buy
Current Market Cap: HK$18.61B
Find detailed analytics on 1999 stock on TipRanks’ Stock Analysis page.