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Tongguan Gold Group Ltd. ( (HK:0340) ) has shared an update.
Tongguan Gold Group Ltd. has entered into a supplemental agreement regarding its acquisition of 100% shares in a target company. The agreement includes a lock-up period for the consideration shares, preventing the vendor from selling or transferring these shares for 18 months post-completion without prior consent from the purchaser. This move aims to ensure stability and control over the shares during this period, maintaining the terms of the original Sale and Purchase Agreement.
The most recent analyst rating on (HK:0340) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on Tongguan Gold Group Ltd. stock, see the HK:0340 Stock Forecast page.
More about Tongguan Gold Group Ltd.
YTD Price Performance: 522.18%
Average Trading Volume: 24,518,900
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.33B
Find detailed analytics on 0340 stock on TipRanks’ Stock Analysis page.