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Truly International Seeks Approval for Strategic Acquisition

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Truly International Seeks Approval for Strategic Acquisition

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Truly International Holdings ( (HK:0732) ) has shared an announcement.

Truly International Holdings Limited has announced an extraordinary general meeting to seek approval for a mandate allowing its directors to bid for approximately 11.43% of the equity interests in Truly (Renshou) High-end Display Technology Limited. The acquisition, valued at no more than RMB1,050 million, aims to strengthen the company’s position in the high-end display technology market.

The most recent analyst rating on (HK:0732) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Truly International Holdings stock, see the HK:0732 Stock Forecast page.

More about Truly International Holdings

Truly International Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the high-end display technology industry. The company focuses on acquiring equity interests in related technology firms to enhance its market position.

Average Trading Volume: 2,806,149

Technical Sentiment Signal: Hold

Current Market Cap: HK$3.21B

For a thorough assessment of 0732 stock, go to TipRanks’ Stock Analysis page.

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