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HK Asia Holdings Limited ( (HK:1723) ) has provided an update.
Moon Inc., incorporated in the Cayman Islands, has announced a further subscription of interest in a fund, increasing its stake by approximately 3.06% with a subscription amount of US$1,754,667.22. This transaction is considered a connected transaction under Hong Kong’s Listing Rules due to the relationship between the Manager and the company, and it is subject to reporting and announcement requirements but exempt from independent shareholders’ approval.
The most recent analyst rating on (HK:1723) stock is a Hold with a HK$2.50 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: 1,200,951
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.13B
For a thorough assessment of 1723 stock, go to TipRanks’ Stock Analysis page.