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Miko International Holdings Ltd. ( (HK:1247) ) just unveiled an announcement.
Miko International Holdings Limited has convened an extraordinary general meeting (EGM) for 30 January 2026 in Quanzhou, Fujian, where shareholders will vote on approving a sale and purchase agreement for the disposal of the entire equity interest in its subsidiary, Quanzhou Hungyu Innovative Business Development Limited, to Fujian Quanzhou Langyaoda Investment Company Limited for RMB75.7 million (approximately HK$83.2 million). The proposed transaction, which would streamline the group’s structure and potentially reshape its asset portfolio, is subject to shareholder approval by poll and authorisation for directors to execute all necessary documents and actions, with the share register temporarily closed ahead of the meeting to determine eligible voting shareholders.
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 Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries including Red Kids Group (Hong Kong) Limited and Quanzhou Hungyu Innovative Business Development Limited, indicating a business footprint in mainland China with a focus on consumer-related operations based in Fujian Province.
Average Trading Volume: 495,455
Technical Sentiment Signal: Buy
Current Market Cap: HK$604.5M
See more data about 1247 stock on TipRanks’ Stock Analysis page.