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Rego Interactive Co., Ltd. ( (HK:2422) ) just unveiled an announcement.
Rego Interactive has agreed to dispose of a 75% equity interest in one of its subsidiaries (the Target Company) to two independent third-party buyers for a total consideration of RMB11.3 million, leaving the group with a remaining 25% indirect stake. Following completion, the Target Company will cease to be a subsidiary, and the deal, classified as a discloseable transaction under Hong Kong listing rules, signals a portfolio adjustment that may streamline Rego’s operations and capital allocation without fully exiting the business.
The most recent analyst rating on (HK:2422) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Rego Interactive Co., Ltd. stock, see the HK:2422 Stock Forecast page.
More about Rego Interactive Co., Ltd.
Rego Interactive Co., Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates in the digitalisation solutions sector, providing corporate and industry digitalisation services. Its offerings span private-domain traffic marketing for enterprises, marketing service operation platforms, and solutions related to lottery software systems and equipment, positioning the group as a technology and marketing-focused service provider.
Average Trading Volume: 583,142
Technical Sentiment Signal: Sell
Current Market Cap: HK$720M
See more insights into 2422 stock on TipRanks’ Stock Analysis page.