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Starlight Culture Entertainment Group Limited ( (HK:1159) ) just unveiled an announcement.
Smart Digital Technology Group Limited has announced a non-legally binding letter of intent for a potential acquisition of at least 51% equity interest in Shanghai Mission Information Technologies Corp., Ltd. The acquisition terms will be based on a valuation report and due diligence, with a formal agreement expected within six months, impacting the company’s strategic positioning in the technology sector.
The most recent analyst rating on (HK:1159) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Starlight Culture Entertainment Group Limited stock, see the HK:1159 Stock Forecast page.
More about Starlight Culture Entertainment Group Limited
Average Trading Volume: 1,365,078
Technical Sentiment Signal: Hold
Current Market Cap: HK$570.3M
For a thorough assessment of 1159 stock, go to TipRanks’ Stock Analysis page.