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SMIT Holdings ( (HK:2239) ) has provided an announcement.
SMIT Holdings Limited has announced a supplemental agreement regarding the disposal of its equity interest in S2C Shanghai. The agreement, which involves S2C Holding, S2C Shanghai, an investor, and Hefei Zhongwan Shuruan Venture Capital Fund, modifies the payment terms of the equity transfer to allow additional time for currency exchange procedures. Key amendments include the nomination of the Fund by the investor to complete the equity transfer, detailed payment schedules, and conditions for the transfer of the equity interest. This move is expected to streamline the transaction process and potentially impact the company’s financial operations and stakeholder interests.
The most recent analyst rating on (HK:2239) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on SMIT Holdings stock, see the HK:2239 Stock Forecast page.
More about SMIT Holdings
SMIT Holdings Limited, incorporated in the Cayman Islands, operates within the technology sector, focusing on providing secure digital solutions and services. The company is known for its innovative products and services that cater to a wide range of market needs.
Average Trading Volume: 133,883
Technical Sentiment Signal: Sell
Current Market Cap: HK$237.2M
For detailed information about 2239 stock, go to TipRanks’ Stock Analysis page.