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Quali-Smart Holdings Ltd. Announces Potential Major Stake Sale

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Quali-Smart Holdings Ltd. Announces Potential Major Stake Sale

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Quali-Smart Holdings Ltd. ( (HK:1348) ) just unveiled an announcement.

Quali-Smart Holdings Ltd. has announced a potential transaction involving the sale of a majority stake in the company. The company’s chairman, along with other major shareholders, has entered into a memorandum of understanding with Yael Capital Management Limited, an independent third party, for the possible sale of approximately 51.70% of the company’s issued share capital. This transaction could significantly impact the company’s ownership structure and market positioning, depending on the outcome of further negotiations and due diligence.

The most recent analyst rating on (HK:1348) stock is a Hold with a HK$0.17 price target. To see the full list of analyst forecasts on Quali-Smart Holdings Ltd. stock, see the HK:1348 Stock Forecast page.

More about Quali-Smart Holdings Ltd.

Quali-Smart Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the business of investment holding. It operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 993,547

Technical Sentiment Signal: Buy

Current Market Cap: HK$249.1M

For detailed information about 1348 stock, go to TipRanks’ Stock Analysis page.

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