tiprankstipranks
Trending News
More News >

Alltronics Extends Timeline for Vietnam Factory Acquisition

Story Highlights
Alltronics Extends Timeline for Vietnam Factory Acquisition

Alltronics Holdings ( (HK:0833) ) just unveiled an announcement.

Alltronics Holdings Limited announced an extension of the proposed completion timeline for acquiring a 51% interest in a factory in Vietnam. This decision involves an amended refundable deposit agreement, extending the refund period of a $2 million deposit by six months. The acquisition’s completion remains uncertain, urging stakeholders to exercise caution.

More about Alltronics Holdings

Alltronics Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the electronics industry. The company focuses on manufacturing and distributing electronic products and components, with a market focus that includes potential expansions in regions like Vietnam.

YTD Price Performance: 4.55%

Average Trading Volume: 107,030

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$217.6M

For detailed information about 0833 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