TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Unity Enterprise Holdings Limited ( (HK:2195) ) has provided an update.
Unity Enterprise Holdings Limited has announced a major transaction involving the acquisition of 100% equity interest in a target company for HK$35,000,000. This acquisition will be satisfied through the issuance of consideration shares and a promissory note. Upon completion, the target company will become an indirect wholly-owned subsidiary of Unity Enterprise Holdings, with its financial results consolidated into the company’s statements. This transaction, classified as a major one under the Listing Rules, requires shareholder approval and is subject to certain conditions precedent.
More about Unity Enterprise Holdings Limited
Average Trading Volume: 1,641,640
Technical Sentiment Signal: Sell
Current Market Cap: HK$67.66M
For an in-depth examination of 2195 stock, go to TipRanks’ Overview page.