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The latest announcement is out from Sino Golf Holdings Limited ( (HK:0361) ).
Sino Golf Holdings Limited has announced a significant acquisition involving its subsidiary, Sino Golf Manufacturing Company Limited, which has entered into an agreement to acquire 100% of Hio Pro (Vietnam) Sporting Goods Company Limited for US$2,500,000. This transaction, categorized as both a discloseable and connected transaction under Hong Kong’s Listing Rules, is subject to certain conditions and regulatory requirements but does not require shareholder approval due to prior consent obtained from the Offeror.
More about Sino Golf Holdings Limited
Sino Golf Holdings Limited is a company incorporated in Bermuda, operating in the sporting goods industry. It focuses on manufacturing and selling golf-related products through its subsidiaries.
Average Trading Volume: 20,233,540
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$728.2M
For detailed information about 0361 stock, go to TipRanks’ Stock Analysis page.