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Miko International Shareholders Unanimously Approve RMB75.7 Million Disposal

Story Highlights
  • Miko International shareholders approved selling its entire stake in Quanzhou Hungyu for RMB75.7 million.
  • All resolutions passed with 100% support, authorising directors to complete the strategic disposal transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Miko International Shareholders Unanimously Approve RMB75.7 Million Disposal

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An update from Miko International Holdings Ltd. ( (HK:1247) ) is now available.

Shareholders of Miko International Holdings Ltd., a Cayman-incorporated company listed in Hong Kong, have approved the disposal of its entire equity interest in Quanzhou Hungyu Innovative Business Development Limited at an extraordinary general meeting held on 30 January 2026. The sale, via a previously announced agreement between subsidiary Red Kids Group (Hong Kong) Limited and Fujian Quanzhou Langyaoda Investment Company Limited for RMB75.7 million (about HK$83.2 million), was passed with 100% of votes cast in favour, also authorising directors to take all necessary steps to complete the transaction, signaling strong shareholder support for the company’s strategic disposal move.

The most recent analyst rating on (HK:1247) stock is a Hold with a HK$2.50 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.

Average Trading Volume: 480,512

Technical Sentiment Signal: Buy

Current Market Cap: HK$613.2M

Learn more about 1247 stock on TipRanks’ Stock Analysis page.

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