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MOS House Group Fulfills Profit Guarantee in Acquisition Deal

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MOS House Group Fulfills Profit Guarantee in Acquisition Deal

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The latest update is out from MOS House Group Limited ( (HK:1653) ).

MOS House Group Limited has announced the fulfillment of a profit guarantee related to its acquisition of a 50% stake in a target company. The target company achieved a net profit before tax of at least HK$3,000,000 for the year ending March 31, 2025, meeting the conditions set in the Sale and Purchase Agreement. As a result, MOS House Group will release 44,117,000 consideration shares to the vendor.

More about MOS House Group Limited

Average Trading Volume: 274,631

Technical Sentiment Signal: Sell

Current Market Cap: HK$83.81M

See more data about 1653 stock on TipRanks’ Stock Analysis page.

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