BOCOM International Holdings Co. Ltd. ( (HK:3329) ) just unveiled an update.
BOCOM International Holdings Co. Ltd. announced a discloseable transaction involving the acquisition of US$5 million in KSA Notes II, issued by the Kingdom of Saudi Arabia, through its wholly-owned subsidiary Preferred Investment. This acquisition, combined with a previous purchase of KSA Notes I, amounts to a series of transactions requiring disclosure under Hong Kong’s Listing Rules. Funded by internal resources, these acquisitions enhance BOCOM’s portfolio within the investment and asset management sectors, potentially impacting its market position and offering stakeholders a strategic investment in Saudi Arabia’s sovereign debt.
More about BOCOM International Holdings Co. Ltd.
BOCOM International Holdings Co. Ltd., incorporated in Hong Kong, focuses on investment holding and is primarily engaged in securities brokerage, margin financing, corporate finance and underwriting, investment and loans, as well as asset management and advisory services. The company’s licensed subsidiaries are involved in regulated activities such as dealing in securities and futures, providing securities margin financing, and advising on corporate finance.
YTD Price Performance: -6.45%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €102.1M
See more data about 3329 stock on TipRanks’ Stock Analysis page.
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