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The latest announcement is out from Virtual Mind Holding Company Limited ( (HK:1520) ).
Virtual Mind Holding Company Limited has announced a discloseable and connected transaction involving the assignment of loans. This transaction, which involves a wholly-owned subsidiary of the company, requires approval from independent shareholders due to the assignee being a connected person. An Extraordinary General Meeting (EGM) will be convened for this purpose, and a circular detailing the transaction will be distributed to shareholders. The transaction is subject to certain conditions and may not proceed, with shareholders advised to exercise caution.
The most recent analyst rating on (HK:1520) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Virtual Mind Holding Company Limited stock, see the HK:1520 Stock Forecast page.
More about Virtual Mind Holding Company Limited
Average Trading Volume: 12,709,023
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.52B
For a thorough assessment of 1520 stock, go to TipRanks’ Stock Analysis page.