Yan Tat Group Holdings Limited (HK:1480) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Yan Tat Group Holdings Limited has made a voluntary announcement regarding a non-binding memorandum of understanding (MOU) for a potential acquisition of two companies, which will be subject to negotiation and due diligence over the next six months. The acquisition targets are Denshi Maruwa Industries (M) Sdn. Bhd. and P.T. Maruwa Indonesia, with the consideration to be determined based on further negotiations and market conditions. Maruwa has granted Yan Tat Global exclusive negotiation rights, with the MOU contingent on the execution of definitive agreements.
For further insights into HK:1480 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue