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An announcement from BC Technology Group Limited ( (HK:0863) ) is now available.
BC Technology Group Limited has announced the completion of a share transaction involving the acquisition of a target company, which will now be an indirect non-wholly-owned subsidiary of BC Technology. This strategic move consolidates the financial results of the target company and its subsidiaries into BC Technology’s financial statements, potentially strengthening its market position and offering new opportunities for growth. The transaction involved the issuance of 9,266,168 consideration shares, altering the company’s shareholding structure slightly, with the vendor now holding approximately 1.24% of the enlarged issued share capital.
The most recent analyst rating on (HK:0863) stock is a Hold with a HK$15.50 price target. To see the full list of analyst forecasts on BC Technology Group Limited stock, see the HK:0863 Stock Forecast page.
More about BC Technology Group Limited
Average Trading Volume: 8,850,066
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$11.98B
For an in-depth examination of 0863 stock, go to TipRanks’ Overview page.