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An update from Symphony Holdings Limited ( (HK:1223) ) is now available.
Symphony Holdings Limited announced the acquisition of the remaining 15% interest in its non-wholly owned subsidiary, SYM ITO, from ITOCHU for USD600,000. This transaction will make SYM ITO a wholly owned subsidiary of Symphony Holdings, thereby consolidating its control and potentially enhancing its operational efficiency and strategic positioning within the industry.
More about Symphony Holdings Limited
Symphony Holdings Limited is an investment holding company primarily involved in branding, including the development and management of ‘SKINS’ trademarks, sourcing, manufacturing, and trading of healthcare products in Hong Kong, and the distribution of Japanese wine.
Average Trading Volume: 482,358
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$2.41B
For detailed information about 1223 stock, go to TipRanks’ Stock Analysis page.