Unity Group Holdings International Limited ( ($HK:1539) ) has provided an update.
Unity Group Holdings International Limited has announced that its wholly-owned subsidiary, Synergy Worldwide, has entered into a Sale and Purchase Agreement to acquire approximately 25% of the issued share capital of its Target Company for HK$200 million. This acquisition will increase Unity Group’s indirect ownership in the Target Company to approximately 88.04%, thereby consolidating its control. The transaction constitutes a discloseable and connected transaction under the Hong Kong Stock Exchange’s Listing Rules, requiring reporting and announcement but exempt from shareholder approval.
More about Unity Group Holdings International Limited
YTD Price Performance: -5.00%
Average Trading Volume: 1,350,580
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.31B
For detailed information about 1539 stock, go to TipRanks’ Stock Analysis page.
