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Zhong An Group Limited ( (HK:0672) ) has provided an announcement.
Zhong An Group Limited, through its subsidiary Zhong An Intelligent, is involved in the placement of shares as part of its financial strategy. The company has entered into a Placing Agreement to dispose of up to 37,000,000 shares of Zhong An Intelligent, representing approximately 7.15% of its total issued shares. This move is part of a broader strategy involving previous share placements and is classified as a discloseable transaction under the Listing Rules. The completion of this transaction is contingent upon certain conditions being met, and it will not affect Zhong An Intelligent’s status as a subsidiary of Zhong An Group Limited.
The most recent analyst rating on (HK:0672) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Zhong An Group Limited stock, see the HK:0672 Stock Forecast page.
More about Zhong An Group Limited
YTD Price Performance: 10.91%
Average Trading Volume: 1,892,190
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$687.6M
For an in-depth examination of 0672 stock, go to TipRanks’ Overview page.