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Semk Holdings Announces Share Acquisition and Convertible Loan Investment

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Semk Holdings Announces Share Acquisition and Convertible Loan Investment

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Semk Holdings International Limited ( (HK:2250) ) has shared an update.

B.Duck Semk Holdings International Limited, incorporated in the Cayman Islands, has entered into a significant transaction involving the acquisition of shares and a convertible loan investment. The company has agreed to purchase approximately 27.74% of the total issued share capital of a Cayman Company for RMB38.6 million and provide a convertible loan of RMB10,050,000 to the target group. This transaction will result in the Cayman Company becoming an indirect non-wholly-owned subsidiary of Semk Holdings, with its financial results consolidated into Semk’s financial statements. The transaction is classified as a discloseable transaction under the Listing Rules, subject to certain conditions and reporting requirements.

More about Semk Holdings International Limited

Average Trading Volume: 2,445,218

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.63B

See more data about 2250 stock on TipRanks’ Stock Analysis page.

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