tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GOGOX Holdings Limited Announces Strategic Acquisition

Story Highlights
GOGOX Holdings Limited Announces Strategic Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from GOGOX Holdings Limited ( (HK:2246) ).

GOGOX Holdings Limited, through its wholly-owned subsidiary, has entered into an agreement to acquire 100% equity interests in a target company for HK$11,922,600. This acquisition will be settled by issuing new shares, constituting a share transaction under the Hong Kong Stock Exchange’s Listing Rules. The transaction reflects GOGOX’s strategic move to expand its business operations, although its completion is contingent upon certain conditions being met.

More about GOGOX Holdings Limited

Average Trading Volume: 199,553

Technical Sentiment Signal: Sell

Current Market Cap: HK$245.3M

For a thorough assessment of 2246 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1