SiS International Holdings (HK:0529) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
SiS International Holdings Limited has announced the acquisition of an equity interest in a target entity for SGD4,165,000, which is approximately HK$24,990,000. The deal’s valuation was based on a price-to-earning ratio of 4.7, deemed fair and reasonable by the company’s board after considering historical financial performance and comparable market transactions. The acquisition is considered in the best interests of the company and its shareholders.
For further insights into HK:0529 stock, check out TipRanks’ Stock Analysis page.