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Saint Bella Inc. ( (HK:2508) ) just unveiled an update.
Saint Bella Inc. has adopted the Saint Bella 2025 Share Award Scheme, under which an independent trustee is authorized to buy up to 2% of the company’s existing share capital on the market to fund share awards for eligible participants, aiming to retain key contributors and attract new talent without issuing new shares or requiring shareholder approval. In a show of confidence, chairman, CEO and controlling shareholder Xiang Hua has recently increased his stake by purchasing 77,000 shares on the open market and has voluntarily committed not to dispose of his existing 212,543,000 shares for 12 months, a move the board says will not adversely affect operations and that may reassure investors about the company’s long‑term prospects.
The most recent analyst rating on (HK:2508) stock is a Buy with a HK$9.80 price target. To see the full list of analyst forecasts on Saint Bella Inc. stock, see the HK:2508 Stock Forecast page.
More about Saint Bella Inc.
Saint Bella Inc., incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, operates through a group structure, though this announcement does not specify its industry or core business activities.
Average Trading Volume: 1,335,104
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.38B
For an in-depth examination of 2508 stock, go to TipRanks’ Overview page.