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BOCOM International Holdings Co. Ltd. ( (HK:3329) ) has issued an announcement.
BOCOM International Holdings Co. Ltd. has announced the acquisition of the second batch of SUMI Notes through its wholly-owned subsidiary, Preferred Investment. The transaction, valued at approximately US$10 million, is part of a series of acquisitions made within a twelve-month period, which now constitute a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules. This strategic move highlights the company’s ongoing investment activities and its commitment to utilizing internal resources for funding such acquisitions, potentially enhancing its asset management portfolio and market positioning.
More about BOCOM International Holdings Co. Ltd.
BOCOM International Holdings Co. Ltd., a company incorporated in Hong Kong, is primarily engaged in investment holding. It operates through its subsidiaries in securities brokerage, margin financing, corporate finance and underwriting, investment and loans, and asset management and advisory services. The company’s licensed subsidiaries conduct regulated activities including dealing in securities and futures, advising on securities and futures contracts, providing securities margin financing, and offering corporate finance and asset management services.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €104M
Learn more about 3329 stock on TipRanks’ Stock Analysis page.
