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The latest announcement is out from BOCOM International Holdings Co. Ltd. ( (HK:3329) ).
BOCOM International Holdings Co. Ltd. announced a discloseable transaction involving the acquisition of ADCB Notes by its subsidiary, Preferred Investment. The acquisition, made on January 24, 2025, for approximately US$4.92 million, follows a previous purchase of ADCB Notes on January 15, 2025. These transactions, being part of a series within twelve months, are aggregated under Listing Rules as discloseable transactions requiring notification and announcement. This strategic acquisition, funded internally, enhances BOCOM’s investment portfolio and positions it to leverage market opportunities through strategic asset allocation.
More about BOCOM International Holdings Co. Ltd.
BOCOM International Holdings Co. Ltd., incorporated in Hong Kong, is primarily engaged in investment holding, with its group activities spanning securities brokerage, margin financing, corporate finance, underwriting, investment and loans, and asset management and advisory services. Its licensed subsidiaries are involved in dealing with securities and futures, advising on securities and futures contracts, providing securities margin financing, and offering asset management services.
YTD Price Performance: -16.13%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €95.61M
See more insights into 3329 stock on TipRanks’ Stock Analysis page.
