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Eminence Enterprise Clarifies Financial Figures in Acquisition Announcement

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Eminence Enterprise Clarifies Financial Figures in Acquisition Announcement

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An update from Eminence Enterprise Limited ( (HK:0616) ) is now available.

Eminence Enterprise Limited has issued a clarification regarding a very substantial acquisition and connected transaction, along with the issuance of a convertible note under a specific mandate. The company has corrected the net loss figures for Mark Profit for the year ended 31 March 2024, stating that these changes do not affect the assessment of the acquisition.

The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.

More about Eminence Enterprise Limited

Eminence Enterprise Limited is a company incorporated in Bermuda with limited liability, operating under the stock code 616. The company is involved in substantial acquisitions and connected transactions, issuing convertible notes under specific mandates.

Average Trading Volume: 17,429,997

Technical Sentiment Signal: Hold

Current Market Cap: HK$184.6M

For a thorough assessment of 0616 stock, go to TipRanks’ Stock Analysis page.

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