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An update from HK Asia Holdings Limited ( (HK:1723) ) is now available.
Moon Inc., previously known as HK Asia Holdings Limited, has announced a discloseable transaction involving the purchase of tender offer securities in Thailand. The company, through its wholly-owned subsidiary, intends to acquire approximately 19.09% of the share capital and unexercised warrants of DV8. This transaction is subject to the Hong Kong Listing Rules due to its percentage ratios and requires caution from shareholders and investors. The tender offer is voluntary, and the offerors are committed to acquiring all target securities not already owned.
More about HK Asia Holdings Limited
Average Trading Volume: 1,641,067
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.9B
For a thorough assessment of 1723 stock, go to TipRanks’ Stock Analysis page.