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Morimatsu International Holdings Company Limited ( (HK:2155) ) has issued an announcement.
Morimatsu International Holdings Company Limited has announced a transaction involving the subscription of additional registered capital by investors in its non-wholly owned subsidiary, the Target Company. This transaction will increase the registered capital of the Target Company and reduce Morimatsu’s shareholding from approximately 85.09% to 73.99%, constituting a deemed disposal of equity interest. Additionally, the company has granted put options to the investors, allowing them to require Morimatsu or its subsidiaries to purchase equity interests under certain conditions. This move is classified as a discloseable transaction under the Hong Kong Listing Rules, impacting the company’s financial arrangements and stakeholder interests.
More about Morimatsu International Holdings Company Limited
Morimatsu International Holdings Company Limited operates in the industrial sector, focusing on manufacturing and investments. The company is involved in various transactions to enhance its market position and expand its operational capabilities.
Average Trading Volume: 8,674,787
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.75B
See more data about 2155 stock on TipRanks’ Stock Analysis page.