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Oshidori International Holdings Limited ( (HK:0622) ) has issued an announcement.
Oshidori International Holdings Limited has entered into a share swap agreement with Planetree, where Oshidori will acquire approximately 19.69% of Planetree’s issued share capital, while Planetree will obtain about 12.30% of Oshidori’s issued share capital. This transaction, valued at HK$375.6 million each, aims to enhance the strategic partnership between the two companies. The completion of this agreement is contingent upon certain conditions, and it is classified as a discloseable transaction under Hong Kong’s Listing Rules, which requires reporting and announcement obligations.
The most recent analyst rating on (HK:0622) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Oshidori International Holdings Limited stock, see the HK:0622 Stock Forecast page.
More about Oshidori International Holdings Limited
Oshidori International Holdings Limited is a company incorporated in Bermuda, operating with a focus on financial services and investments. The company is listed on the Hong Kong Stock Exchange under the stock code 622.
Average Trading Volume: 2,872,252
Technical Sentiment Signal: Buy
Current Market Cap: HK$3B
Find detailed analytics on 0622 stock on TipRanks’ Stock Analysis page.