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Bojun Education Invests in Yibin City Commercial Bank’s International Offering
Company Announcements

Bojun Education Invests in Yibin City Commercial Bank’s International Offering

Story Highlights
  • Bojun Education’s subsidiary is investing up to HK$53 million in Yibin City Commercial Bank.
  • The transaction’s completion depends on the bank’s successful share listing and offer price finalization.
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An update from Bojun Education Company Limited ( (HK:1758) ) is now available.

Bojun Education Company Limited has announced a significant financial transaction involving its wholly-owned subsidiary, which has subscribed for shares in Yibin City Commercial Bank’s international offering. The transaction involves a maximum investment of HK$53 million and is classified as a discloseable transaction under the Hong Kong Stock Exchange’s listing rules. Completion of this subscription is contingent upon the successful listing of the shares and the finalization of the offer price, with potential implications for the company’s investment strategy and market perception.

More about Bojun Education Company Limited

Bojun Education Company Limited is a firm incorporated in the Cayman Islands, operating with limited liability. The company appears to focus on investment activities, as indicated by its recent transaction involving a financial institution.

YTD Price Performance: 14.29%

Average Trading Volume: 742,181

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$252.9M

For an in-depth examination of 1758 stock, go to TipRanks’ Stock Analysis page.

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