TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
Welife Technology Limited ( (HK:1703) ) has provided an announcement.
Welife Technology Limited has announced the acquisition of two target companies, which will now be indirect wholly-owned subsidiaries of the company. The acquisitions, valued at HK$2,865,000 and HK$2,756,000 respectively, will be consolidated into the company’s financial statements. However, the company acknowledged non-compliance with the Listing Rules due to an oversight in reporting these transactions, emphasizing the importance of adhering to regulatory requirements in the future.
More about Welife Technology Limited
Technical Sentiment Signal: Sell
Current Market Cap: HK$55.2M
For a thorough assessment of 1703 stock, go to TipRanks’ Stock Analysis page.