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EC Healthcare Completes Major Disposal and Acquisition Transactions

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EC Healthcare Completes Major Disposal and Acquisition Transactions

The latest announcement is out from EC Healthcare ( (HK:2138) ).

EC Healthcare announced the completion of a significant transaction involving the disposal of 51% of the issued share capital in a target company and the acquisition of 40% of the issued share capital in a non-wholly owned subsidiary. As a result, the company no longer holds interests in the target group, and these entities will not be included in the company’s consolidated financial statements, potentially impacting its financial reporting and market positioning.

More about EC Healthcare

EC Healthcare is a company incorporated in the Cayman Islands, operating within the healthcare industry. It is listed on the Stock Exchange of Hong Kong and engages in various healthcare-related services and products.

YTD Price Performance: 4.48%

Average Trading Volume: 1,093,864

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$829.6M

See more insights into 2138 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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