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Oriental Enterprise Holdings to Rebrand as Oriental Media Group

Story Highlights
  • Oriental Enterprise Holdings Limited plans to rename itself to Oriental Media Group Limited.
  • The name change reflects a strategic focus on media and aims to enhance corporate identity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Oriental Enterprise Holdings to Rebrand as Oriental Media Group

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Oriental Enterprise Holdings Limited ( (HK:0018) ) has provided an announcement.

Oriental Enterprise Holdings Limited has announced a proposed change of its company name to Oriental Media Group Limited to better reflect its focus on the media sector amid economic uncertainties and adjustments in the property market. This change aims to enhance the company’s corporate identity and image, and is expected to benefit its future business development. The name change will not affect the company’s daily operations or financial position, and all existing share certificates will remain valid.

The most recent analyst rating on (HK:0018) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Oriental Enterprise Holdings Limited stock, see the HK:0018 Stock Forecast page.

More about Oriental Enterprise Holdings Limited

Oriental Enterprise Holdings Limited operates in the media industry, focusing on its core media business to consolidate its leading market position.

Average Trading Volume: 136,446

Technical Sentiment Signal: Sell

Current Market Cap: HK$839.3M

See more data about 0018 stock on TipRanks’ Stock Analysis page.

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