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The latest announcement is out from Miko International Holdings Ltd. ( (HK:1247) ).
Miko International Holdings Ltd. announced a major and connected transaction involving the disposal of its property-holding subsidiary. The sale, valued at RMB75.7 million, will result in the company ceasing its interest in the subsidiary, impacting its consolidated financial statements. The transaction, involving a connected person, Mr. Ding, requires shareholder approval under Hong Kong’s Listing Rules.
The most recent analyst rating on (HK:1247) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Miko International Holdings Ltd. stock, see the HK:1247 Stock Forecast page.
More about Miko International Holdings Ltd.
Miko International Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the property holding sector. It focuses on managing industrial complexes and ancillary buildings, with a significant presence in Jinjiang City, Quanzhou, Fujian Province, China.
Average Trading Volume: 540,475
Technical Sentiment Signal: Buy
Current Market Cap: HK$733M
See more data about 1247 stock on TipRanks’ Stock Analysis page.