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Ourgame International Holdings Ltd ( (HK:6899) ) has provided an update.
Ourgame International Holdings has issued a supplemental announcement providing further details on the valuation of a target company in which it is subscribing for registered capital, a transaction previously classified as discloseable. The group engaged independent third-party Royson Valuation Advisory to appraise 100% of the target’s equity on a pre-money basis as of 31 May 2025, adopting a market approach that relies on price-to-sales and enterprise-value-to-sales ratios, given the target’s loss-making status and the importance of intangible assets such as brand and customer relationships. The valuer rejected cost and income approaches, citing the non-capitalisation of intangibles and the heavy reliance on forecast assumptions, and set out extensive assumptions regarding stable political, economic, tax, industry, financing, and operating conditions, as well as the target’s ability to maintain competitiveness, secure necessary licences, retain key staff and meet its debt obligations. This additional disclosure offers investors greater transparency over the valuation basis and risk assumptions underpinning the capital subscription, clarifying how the transaction is being priced and the operational conditions required to support the target company’s future performance.
The most recent analyst rating on (HK:6899) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Ourgame International Holdings Ltd stock, see the HK:6899 Stock Forecast page.
More about Ourgame International Holdings Ltd
Ourgame International Holdings Ltd is a Cayman Islands-incorporated company listed in Hong Kong, operating in the online gaming and related digital entertainment services sector. The group focuses on developing and operating game platforms and associated service offerings, leveraging digital channels and technology-driven business models to reach its user base and support revenue growth.
Average Trading Volume: 1,207,877
Technical Sentiment Signal: Hold
Current Market Cap: HK$263.4M
For an in-depth examination of 6899 stock, go to TipRanks’ Overview page.