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Xiabuxiabu Catering Management (China) Holdings Co., Ltd. ( (HK:0520) ) has shared an announcement.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. announced a discloseable and connected transaction involving the conditional acquisition of Sale Equity from Mr. Ho for RMB89 million. This transaction, subject to shareholder approval and other consents, is significant due to Mr. Ho’s position as chairman and controlling shareholder, making it a connected transaction under Hong Kong’s Listing Rules.
More about Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. is a company incorporated in the Cayman Islands, primarily involved in the catering industry. The company is listed on the Hong Kong Stock Exchange and focuses on providing dining services.
YTD Price Performance: -37.00%
Average Trading Volume: 4,897,753
Technical Sentiment Signal: Buy
Current Market Cap: HK$714.1M
For an in-depth examination of 0520 stock, go to TipRanks’ Stock Analysis page.