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The latest update is out from HK Asia Holdings Limited ( (HK:1723) ).
Moon Inc., a company incorporated in the Cayman Islands, recently completed a tender offer in Thailand, acquiring 61.04% of the Purchaser Tender Shares, which represents approximately 11.65% of the total issued share capital of DV8. However, the company faced non-compliance issues with the Listing Rules due to the involvement of connected persons, Sora Spiral and 210K Capital, in the transaction. To address this, Moon Inc. will issue a circular to its shareholders and implement remedial measures to prevent future non-compliance.
The most recent analyst rating on (HK:1723) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on HK Asia Holdings Limited stock, see the HK:1723 Stock Forecast page.
More about HK Asia Holdings Limited
Average Trading Volume: 1,328,436
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.61B
See more insights into 1723 stock on TipRanks’ Stock Analysis page.