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An update from Transmit Entertainment Ltd. ( (HK:1326) ) is now available.
Transmit Entertainment Ltd. announced a delay in the publication of its 2024/2025 annual results and report due to a dispute with Mr. Shou, a key figure in its subsidiary Wenlan. The conflict arose over dividend distribution, leading to Mr. Shou withholding necessary financial information, which has prompted the company to initiate legal proceedings in China. Despite these challenges, Wenlan’s operations continue normally, and Transmit Entertainment maintains control over the subsidiary.
The most recent analyst rating on (HK:1326) stock is a Sell with a HK$0.03 price target. To see the full list of analyst forecasts on Transmit Entertainment Ltd. stock, see the HK:1326 Stock Forecast page.
More about Transmit Entertainment Ltd.
Transmit Entertainment Ltd. is a company incorporated in the Cayman Islands, primarily involved in the entertainment industry. The company holds a significant stake in Wenlan, a subsidiary engaged in operations in China.
Average Trading Volume: 3,901,818
Technical Sentiment Signal: Sell
Current Market Cap: HK$70.08M
For detailed information about 1326 stock, go to TipRanks’ Stock Analysis page.