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UNQ Holdings Limited ( (HK:2177) ) just unveiled an update.
UNQ Holdings Limited has announced a significant acquisition involving the purchase of approximately 90% of the shares of a Japanese company for JPY2,701,000,000 (around HK$135,050,000). This acquisition will result in the Japanese company becoming an indirect non-wholly owned subsidiary of UNQ Holdings, with its financial results consolidated into UNQ’s financial statements. The transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating its importance but not requiring shareholder approval. The completion of this acquisition is contingent upon certain conditions being met, and stakeholders are advised to exercise caution.
The most recent analyst rating on (HK:2177) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on UNQ Holdings Limited stock, see the HK:2177 Stock Forecast page.
More about UNQ Holdings Limited
Average Trading Volume: 55,698
Technical Sentiment Signal: Buy
Current Market Cap: HK$572.3M
See more data about 2177 stock on TipRanks’ Stock Analysis page.