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Wai Chi Holdings Co., Ltd. ( (HK:1305) ) has issued an update.
Wai Chi Holdings Co., Ltd. has announced a major and connected transaction involving the acquisition of the entire shareholding in a target company for HK$155,000,000. This acquisition is considered a major transaction under the Listing Rules, requiring independent shareholders’ approval due to the vendor’s significant shareholding in the company. An Independent Board Committee and an Independent Financial Adviser have been appointed to guide shareholders, with a circular detailing the acquisition to be dispatched by October 15, 2025.
The most recent analyst rating on (HK:1305) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Wai Chi Holdings Co., Ltd. stock, see the HK:1305 Stock Forecast page.
More about Wai Chi Holdings Co., Ltd.
Average Trading Volume: 350,888
Technical Sentiment Signal: Hold
Current Market Cap: HK$195.6M
For an in-depth examination of 1305 stock, go to TipRanks’ Overview page.